--Olivia Thetgyi
More commutations by monolines could increase the number of liquidations for collateralized debt obligations of asset-backed securities, a negative for mezzanine investors. This would be the case in the $16.4 billion of commutations Ambac recently announced, as well as with commutations by other monolines, according to analysts ...Please take a trial or subscribe to access this content.
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