Targeting Toxics Seen Unlikely To Stabilize Prices

09 Feb 2009

Depressed prices and continued volatility in the asset- and mortgage-backed securities markets will not recover through government purchases of toxic securities, Samir Shah, senior v.p. of MF Global’s ABS/MBS group, said Sunday.

--Leela Parker

Depressed prices and continued volatility in the asset- and mortgage-backed securities markets will not recover through government purchases of toxic securities, Samir Shah, senior v.p. of MF Global’s ABS/MBS group, said Sunday. The facilities set up by the Federal Reserve and the Federal Deposit Insurance Corporation are ...

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