Date: March 31st, 2009

Auctioning your headaches: Part 2, the how

31 March, 2009 (08:38) | Capital markets, PPIP, Subprime, Treasury, US News | No comments

[Continued from yesterday's Part 1.]
 
Yesterday’s post laid out, using as our texts a Wall Street Journal article (plain text) and my Recap essay State of the Market 16: Auctioning Your Headaches (quoted in this font), why the capital markets were clamoring for an auction-sale approach to complex pre-restructuring assets that has now been dubbed the [...]