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Suspend Mark-to-Market?

market risk events. This is a major impediment to setting up a Bad Bank. 2) Is the market for impaired mortgage debt “orderly” defined as Any market in which the…

Where DID the money go? Part 2

…subprime mortgage loans…. Money market funds with total assets of $300 billion have invested in subprime debt this year…. Under SEC rules, money market managers must invest in securities with…