[lbo-talk] silver lining?

[Jordan Hayes]

>> 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