Number of the Week: 16% of Bonds Misrated Even Using Lenient Standards
Some 16% of triple-A rated subprime-mortgage bonds issued in mid-2007 should never have received that rating, agreed the information available at the time.
Some 16% of triple-A rated subprime-mortgage bonds issued in mid-2007 should never have received that rating, agreed the information available at the time.
Categories: Real Time Economy Tags: mortgage bonds, triple