[lbo-talk] silver lining?

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Fri Apr 24 12:21:35 PDT 2009



>> Can you be more specific on this?
>
> Decreases incentive to scrutinize creditworthiness,
> increases systemic risk.

Certainly that's happened in the last few years in some of the credit markets, and for some very specific reasons, but securitization is about to enter its fourth decade, with many benefits.

Toss it all, you say?

/jordan



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