Re: MIT experts analyze financial crisis, debate cures

Posted by Owen Densmore on
URL: http://friam.383.s1.nabble.com/MIT-experts-analyze-financial-crisis-debate-cures-tp1364627p1364997.html

In the video I sent out below, there were several buzz words that I  
found here:
   http://en.wikipedia.org/wiki/Structured_finance

     -- Owen


On Oct 22, 2008, at 10:11 AM, Owen Densmore wrote:

> This seemed to be a pretty sound analysis of the current crisis:
>  http://techtv.mit.edu/file/1448/
> In particular, I was surprised to see how reasonable several things  
> I had thought to be "bad" were.  For example, the "securitization"  
> of mortgages arose from a very reasonable desire to "smooth out"  
> risk.  I hadn't understood their function before.
>
>    -- Owen


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