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MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: As things look increasingly bad for the Greece, Spain, Hungary and other nations hit by the wave of foreclosures and stagnant economies that were artificially inflated like the appraisal values used on the homes, Europe is at least taking a realistic …
The fact is that credit default swaps and other complex derivatives that have proved to be instruments of mass destruction still remain entrenched in our financial system three years after our economy was almost brought to its knees. Editor’s Note: Credit default swaps were the glue that held the mortgage meltdown scheme together. If there …
