Posts filed under “Credit”
The FT has a wonderful interactive map of the global impact of the credit crisis:
Hat tip: Trading for the Masses
FT, August 8 2007 16:05 | Last updated: August 10 2007 13:02
There were a couple of great graphics in the New York Times recently, explaining in some degree of detail, the machinations of the RMBS, CDO and CLO markets.
These are the packaged (and repackaged) holdings that are based upon the sub-prime mortgages that have been defaulting in such large numbers, and have been leading to hedge fund blow ups.
First up: todays front page article by Gretchen Morgenson: Mortgage Maze May Increase Foreclosures.
Graphic courtesy of NYTimes
Next up, the accompanying graphics to Floyd Norris’ The Loan Comes Due: