Driven to distraction

Asset-backed securities

risk-0408-38-gif

The shock waves caused by JP Morgan's acquisition of Bear Stearns last month, following significant deterioration in the bank's liquidity position, have served as a stark reminder that the fallout from the subprime mortgage crisis is far from over.

While most media attention has focused on the collapse in the value of mortgage-backed securities (MBSs), other classes in the US asset-backed securities (ABS) industry have been contending with tough market conditions over the past year. In particula

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: