Archives – 2007 – December – 08  

The Vaults
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— 8 Dec 2007 Tom Comment

Something I’ve been meaning to do for ages now is restore some of the “lost” content of FT – essays, old blogs and writing experiments like Blue Lines and A Loafer’s Discourse – to the main site. This post indexes […]

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modern finance: the subprime debacle as a failed heath-robinson* contraption
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— 8 Dec 2007 mark sinker Comment

<—- clearly this contraption will work
click to see why this one won’t —->bucketworld
key:
RSMB = residential mortgage-backed securities
CDO = collateralised debt obligations
transparency = the contraption has it (you can see […]

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