Comments on: "Private demand for US financial assets has disappeared" http://www.nakedcapitalism.com/2007/11/private-demand-for-us-financial-assets.html Mon, 23 Nov 2009 12:27:09 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Yves Smith http://www.nakedcapitalism.com/2007/11/private-demand-for-us-financial-assets.html#comment-1884 Yves Smith Sun, 25 Nov 2007 17:36:00 +0000 http://www.nakedcapitalism.com/2007/11/private-demand-for-us-financial-assets-has-disappeared/#comment-1884 Anon of 8:41 AM,<br/><br/>Thanks! Anon of 8:41 AM,

Thanks!

]]> By: alan greenspend http://www.nakedcapitalism.com/2007/11/private-demand-for-us-financial-assets.html#comment-1883 alan greenspend Sun, 25 Nov 2007 17:28:00 +0000 http://www.nakedcapitalism.com/2007/11/private-demand-for-us-financial-assets-has-disappeared/#comment-1883 One of my favorite data points...<br/><br/>Would love to have more info on the reported inaccuracies Dr. Setser mentioned via Dr. Gros.<br/><br/>I hate having to suspect data. One of my favorite data points…

Would love to have more info on the reported inaccuracies Dr. Setser mentioned via Dr. Gros.

I hate having to suspect data.

]]> By: a http://www.nakedcapitalism.com/2007/11/private-demand-for-us-financial-assets.html#comment-1881 a Sun, 25 Nov 2007 15:27:00 +0000 http://www.nakedcapitalism.com/2007/11/private-demand-for-us-financial-assets-has-disappeared/#comment-1881 Capital flight.<br/><br/>Gresham's Law. Capital flight.

Gresham’s Law.

]]> By: Anonymous http://www.nakedcapitalism.com/2007/11/private-demand-for-us-financial-assets.html#comment-1880 Anonymous Sun, 25 Nov 2007 13:41:00 +0000 http://www.nakedcapitalism.com/2007/11/private-demand-for-us-financial-assets-has-disappeared/#comment-1880 Yves:<br/><br/>Completely off topic for this post, but totally on topic for the previous Minsky discussion re leveraged super senior CDOs.<br/><br/>After searching for several days for anything on the internet that was an articulate description of these things, I found the following "Fundamentals of Leveraged Super Senior CDOs".<br/><br/>Although it is two years old, it is extremely well written in my view and very helpful in beginning to understand the concept.<br/><br/>Ironically, it is posted on the website of Conventree, which is the Canadian firm that was the market catalyst for the Canadian ABCP crisis. The paper itself is written by DBRS, the Canadian rating agency that has been in the center of the storm here.<br/><br/>Regards,<br/><br/>http://www.coventree.ca/30resource/report/reports/Leveraged_Super_Senior%20_CDOs.pdf Yves:

Completely off topic for this post, but totally on topic for the previous Minsky discussion re leveraged super senior CDOs.

After searching for several days for anything on the internet that was an articulate description of these things, I found the following “Fundamentals of Leveraged Super Senior CDOs”.

Although it is two years old, it is extremely well written in my view and very helpful in beginning to understand the concept.

Ironically, it is posted on the website of Conventree, which is the Canadian firm that was the market catalyst for the Canadian ABCP crisis. The paper itself is written by DBRS, the Canadian rating agency that has been in the center of the storm here.

Regards,

http://www.coventree.ca/30resource/report/reports/Leveraged_Super_Senior%20_CDOs.pdf

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