Best and Worst Performing Stocks Seven Months Into 2008 [View article]
Banks and Broker firms wrapped toxic waste i.e.: subprime, credit card debt, car loans, etc. into structured finance vehicles i.e.: CDO-ABS-MBS-SIVs and misled the market into buying them and bond insurers into insure them and now they have to clear their books from this toxic waste which is going to take time quarter after quarter but without a doubt will improve their book value.
Best and Worst Performing Stocks Seven Months Into 2008 [View article]