Tag Archives: cdo
CDO Improvement Aids Banks, Holiday Jobs Scarce, U.S. Mortgage Delinquencies Set Record, Delayed Foreclosures Becoming a Problem
Positive developments in the credit markets continue to lead the equity markets higher… Liquidation of CDOs aids banks – FT FT reports billions of dollars’ worth of the complex securities at the heart of the financial crisis are being liquidated, enabling banks, insurance companies and other investors to clear toxic assets from their books. Market participants say the unwinding is […]
