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Jim Jubak: Why Won t the Financial Crisis End?
From
Peter
Published 20 months ago
It turns out the bankers who bought derivatives based on mortgages didn’t read the fine print, says MSN Money’s Jim Jubak. Now they’re learning that the senior investors who bought the safest pieces of the deals can grab all the cash flow and force... more
It turns out the bankers who bought derivatives based on mortgages didn’t read the fine print, says MSN Money’s Jim Jubak. Now they’re learning that the senior investors who bought the safest pieces of the deals can grab all the cash flow and force other investors to sell. Hear more from Jim Jubak, the Webs #1 investing columnist, on MSN Money: http://tinyurl.com/35smkp less
- Category: News & Politics
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How to Fix the Financial Crisis: Suspend Mark-to-Market Accounting
from Tech Ticker
6:55 | 180 views
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