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2014 Credit Enhancement Strategies For AAA Corporate Bond Securitization

|Includes: Citigroup Inc. (C)

Asset backed securitization has evolved over the last 25 years. The current ghost-like derivatives that formed in 1976 with the RTC boom in the southwest morphed in the 1980's to include not only real estate but also any sellable and packaged product. Herein lies the rub! Along the path to growth and profit the underbelly of the wall street manipulators educated the common street thug. This education was a necessary evil. Without the originators of these multi-million dollar pools of sub-prime portfolios, wall street would have been stuck with only commodities, futures and puts to mold for presentation to the big daddy warlocks for investing and securitization...

Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.