In all the hoo-hah about sub-prime lending and the ensuing fallout, let's not lose sight of the economics. A few months ago Robert Van Order wrote a useful primer: On the economics of securitization: A Framework and some lessons from U.S. experience.
It won't tell you everything you need to know, to be sure - but it's a good start.






Welcome back.
I missed you.
Posted by: spencer | Tuesday, September 11, 2007 at 04:35 PM
i though it was a great read.
forex forum discussion
Posted by: forex forum | Monday, March 30, 2009 at 05:08 AM