Hudson Mezzanine

Borrower Bailout?: Goldman Sachs Conveyor Belt

If you have a GSAMP securitized loan you might want to pay particular attention here. In fact, if you ever had a securitized loan of any kind you should be very interested. Hudson Mezzanine: The use of the word “mezzanine” is like the use of the word “Trust.” There is no mezzanine and there is …

Borrower Bailout?: Goldman Sachs Conveyor Belt Read More »

Self Dealing Part II: Investigations Started

NY Times: “When you buy protection against an event that you have a hand in causing, you are buying fire insurance on someone else’s house and then committing arson.” Mr. Lippmann made his pitch to select hedge fund clients, arguing they should short the mortgage market. He sometimes distributed a T-shirt that read “I’m Short …

Self Dealing Part II: Investigations Started Read More »

Scroll to Top