"Are we opening a Pandora's box?"

January 13, 2006 12:00 am

--Geoffrey Hawkins, executive director at Dividend Capital Investments, commenting on increasing numbers of crossover buyers coming into the commercial mortgage-backed securities market because of the arrival of credit-default swaps on CMBS.

"Are we opening a Pandora's box?"--Geoffrey Hawkins, executive director at Dividend Capital Investments, commenting on increasing numbers of crossover buyers coming into the commercial mortgage-backed securities market because of the arrival of credit-default swaps on CMBS.

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