The Bailout: Part 2

Canuckguy
Thu, 06 Sep 2007 22:54:45 +0000

The next one to hit the fan will probably be SIV-Lite. It is a CDO that raise money in the ABCP market.

SIV-lite sector raises fresh credit concerns;

After all the troubles with CDOs, banks may not be in the mood to lend… I see a solvency problem coming up.