Monday, May 03, 2010

Quick hit

Of AAA-rated subprime-mortgage-backed securities issued in 2006, 93 percent — 93 percent! — have now been downgraded to junk status.


Source
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Foot Quotes

"Ignorance more frequently begets confidence than does knowledge"

Charles Darwin