Securitization makes a comeback
Breakfast with Benjamin: Securitization comes back and it's not all bad...Plus, how JPMorgan is positioned for rising rates, Deutsche Bank suspends currency traders, GM pays a dividend, and more minimum wage math.
More than five years after the financial crisis taught us about the evils of collateralized-debt obligations, mortgage-backed securities and anything else Wall Street could package for sale, it turns out some forms of securitization actually work and make sense. More importantly, securitization is a
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