NEW YORK (Reuters) - With the subprime mortgage crisis making investors wary of collateralized debt obligations, or bonds secured by other bonds, Wall Street is cooking up even riskier deals offering ...
It sometimes seems that the world of finance is nothing but a series of opaque ruses designed to exemplify the expression mutton dressed up as lamb. However, after 18 months of bursting internet ...
Samuel H. Rudman, a partner at Coughlin Stoia Geller Rudman & Robbins, writes that with delinquency and foreclosure rates on subprime mortgages reaching an all-time high last year, there are fears ...