We’d like to talk about loan securitization for a moment, but have a small caveat. Despite the 2008 meltdown, if you acknowledge it as a financial tool that can be used (or abused) in a variety of ways, we invite you to continue reading. If you have already doomed securitization as an unallowable practice, we …
At WAIN Street, our passion is “Bridging Wall Street and Main Street” – channeling the capabilities of Wall Street to solve the most pressing problems of Main Street businesses. Over the past few months, this passion has spilled over to our blog in the form of some pointed opinions about Occupy Wall Street, financial innovation, and the …
Magic or Bird… DeNiro or Pacino… Mac or PC What do all these things have in common? Nearly everyone will come down on one side of the debate citing some really compelling reasons; but at the end of the day neither has enough support for a conclusive determination. You can find a lot of Op-Ed …
Mortgage backed securities (MBS), credit default swaps (CDS), and collateralized debt obligations (CDO) all sound like dirty words these days. It’s tough to argue against these sentiments given their contribution to the financial crisis. While obviously a MBS or CDS couldn’t single handedly collapse the entire system, these innovations that bundled and redirected risks provided …
