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Symbol Sector Return Exposure Trades Last Trade Status
FMD Consumer Finance -93.07%  n/a 17  22-Dec-09  Prior Holding
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18-Sep-08

FMD : In praise of securitization

Holding Rationale for FMD.

In the wake of the credit crisis, many of the recently invented financial products will be found wanting and discarded. Since massive losses in mortgage-backed securities were the immediate cause of the current crisis, many people have suggested that securitization itself is intrinsically flawed, and the entire CDO/ABS/MBS industry will cease to exist in the [...]

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Posted at 21:26 in Holding Rationales  |   Permalink   |  Top

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