JACC Jayhawk Acceptance Corp. Message Board

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Non-Tech : JACC Jayhawk Acceptance Corp.

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To: Tyler Burke who wrote (20)	2/11/1997 4:43:00 PM
From: yin li	of 35

>> Securitizations are done through bankruptcy remote vehicles that protect the holders from Jayhawk's own credit risk. Moody's is merely expressing their opinion that these two securitization vehicles should not be affected by Jayhawk's problems. << Could you, please, explain this a little further, in lay terms; some concepts you are describing I'm not familiar with. Thanks in advance. yin

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