U.K. RMBS – A Week In Review By Markit

19 Mar 2008

The markets are still digesting the news that JPMorgan bought Bears Stearns at such a big discount. The Federal Reserve’s move to guarantee Bear Stearns’ liabilities helped secure a private sector deal. This contrasts with the outcome of the Northern Rock saga.

The markets are still digesting the news that JPMorgan bought Bears Stearns at such a big discount. The Federal Reserve’s move to guarantee Bear Stearns’ liabilities helped secure a private sector deal. This contrasts with the outcome of the Northern Rock saga.

The newly nationalized ...

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