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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (9483)7/11/2008 5:58:01 PM
From: RockyBalboa  Read Replies (1) | Respond to of 71475
 
Thanks. And yes, long before the sleepy rating agencies vow to act Mr Market has spoken. Just look at any of the mortgage structures indices, still rated AAA: they trade at half or less! Consider how long they upheld the totally inadequate monolines rating.

markit.com

ABX-HE-AAA 07-2 7 2 76 0A08AHAD4 43.69 99.33 43.69

Look inside (HE 07 AAA) and hold your nose...(see constituents).

Shortfalls (and writedowns) markit.com

Spreading to CMBX:

markit.com