Asset-backed securities used to be the grease that kept the credit markets rolling smoothly. Now the government props up that market, and it’s planning to cut back.
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Paralysis in the Debt Markets Is Deepening the Credit DroughtCourtesy NYT > Business Tue, 10/06/2009 - 19:21
Asset-backed securities used to be the grease that kept the credit markets rolling smoothly. Now the government props up that market, and it’s planning to cut back. Related itemsBeckham in Africa aid appeal
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