"If the housing market does slow down," Bernanke said, "we'll want to see how strong the subprime mortgage market is and whether or not we'll see any problems in that market."
Just to remind you who got your back, sonny.
The right enemy
12 years ago
7 comments:
He said that today??? Or June 2007?
Jun 2007.
Just curious, if you can say, how is remittance day going? I can't imagine there's much sunshine in those reports, but hopefully I'll be wrong? TIA.
Good question 13th!
Today is a historic moment. The first CASHFLOW losses happen on ABX bonds ( the floating payment side of the swap is paying cash for the first time ).
Moment of silence please.
Thank you, I am silent. I am assuming this is liquidation/default, not prepayment.
correct, this is defaulted material/dq pipelines. In 3 months we will be seing 50-70% of the BBB taking complete/partial writedown depending on tranche size. Those triggers mean nothing at this point.
Hopefully my brother will send me his trumpet now, I think I need to learn how to play it.
Thank you.
Post a Comment