个人资料
正文

Moody\'s: Simply Irresponsible, (mbi, abk related)

(2008-10-14 20:46:45) 下一个
Moody's irresponsible

..........

Chart 5 shows what would have to have to happen to the 2006 performingsubprime mortgage loans to get to a 30% loss, even with assumedseverity bumped up to 65%. You read that right: Over 100% of the currently performing loans would have to default.

..........

This is what Martin Whiteman called "arbitrary" judgment of rating agencies. Sadly, we have to cope with a imperfect world.
[ 打印 ]
阅读 ()评论 (0)
评论
目前还没有任何评论
登录后才可评论.