One Year Ago In Securitization

19 Dec 2008

Issuance of U.S. collateralized debt obligation shut down after a rollercoaster year.

Issuance of U.S. collateralized debt obligation shut down after a rollercoaster year. While issuance in the first half of the year was set to surpass 2006, the number of new deals fell off a cliff by the middle of the year, marked by massive downgrades and defaulting deals. ...

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