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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (78864)5/7/2008 4:42:16 PM
From: Sr K  Respond to of 116555
 
>>what has turned out to be bogus AAA securities<<

What about MBIA raising $1.1 Billion in February to preserve their AAA, and not passing it yet - 3 months later - to the insurance sub?

Doesn't anyone read a prospectus? Or did MBIA and Warburg Pincus ignore it?



To: NOW who wrote (78864)5/7/2008 4:52:05 PM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
Fannie Mae Cumulative Defaults (and other disasters)
globaleconomicanalysis.blogspot.com
Inquiring minds are checking out the Fannie Mae 2008 Q1 10-Q Investor Summary. There are plenty of charts, graphs and other data to consider.

For example, please consider this graph on page 27.

Cumulative Default Rates Overall Originations from 2000 thru 2007....
Mish