"You almost couldn't fathom doing a pure cash deal anymore in the RMBS market."

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"You almost couldn't fathom doing a pure cash deal anymore in the RMBS market."

--Brett Graham, portfolio manager at Vertical Capital in New York, on why the firm is issuing its first hybrid collateralized debt obligation.

"You almost couldn't fathom doing a pure cash deal anymore in the RMBS market."--Brett Graham, portfolio manager at Vertical Capital in New York, on why the firm is issuing its first hybrid collateralized debt obligation.

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