The talking heads and politicians seem intent on making bank lending or the lack thereof the central point of any bank bailout bill. The conversation is starting to veer into the surreal as bank lending standards become confused with bank lending levels. Fortunately, there are still some sane people about and one of them wrote […]
Posts Tagged ‘securitization’
Posted in 
Tags: 
Securitization And Bank Regulation
Posted by Tom Lindmark on December 14th, 2008
Felix Salmon had a gem of a post at Portfolio.com the other day. In it he talks about low-information assets and high-information assets. The former being things like bank deposits and money market funds and the latter being stocks and CDO’s. One of the points of the post was that the transformation of low-information assets […]
