Banks in ‘Downward Spiral’ Buying Capital in CDOs (Update1)
Tuesday, June 8th, 2010 at
12:04 pm
June 8 (Bloomberg) -- U.S. banks are fighting to preserve the use of securities that help them appear better capitalized, even as their investments in each others’ notes perpetuate what one regulator calls a “downward spiral” of losses.
Filed under: Loss Mitigation Forums
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