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To: stan_hughes who wrote (344187)9/23/2007 8:39:43 PM
From: Giordano Bruno  Respond to of 436258
 
Rate cut, long bond backfire at TCW Asset Management

bloomberg.com

Moody's downgraded $40 million of notes from the Westways Funding X CDO that were rated A2, four levels above investment- grade, to Caa2, eight levels below.



To: stan_hughes who wrote (344187)9/23/2007 9:22:25 PM
From: Terry Maloney  Read Replies (1) | Respond to of 436258
 
No can do -- rabbit ears down here only pick up cbc, ctv, and a couple of french channels.

Still, I don't need a weatherman to know this is all going to end badly, after reading this thread for so many years. <g>