Friday, June 26, 2009

Structured Finance Is Expanding Globally

Dated sometime in 2007. Everything had already started coming unglued. Housing had been declining for more than a year. Insiders were selling like crazy. Credit spreads were starting to widen. Bear Stearns teetered on the brink. The savings rate was near zero.

But the most respected credit rating agency in the world was still pumping the wonders of structured finance. These folks are still running the show...

(click image for larger version)

Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

No comments:

View My Stats