tag:blogger.com,1999:blog-3782644139927778760.post-31639713501078010612007-12-13T11:38:00.000-05:002007-12-13T11:38:00.000-05:002007-12-13T11:38:00.000-05:00Re: So the real effect may be, as Hamilton and others suggest, in the expansion of types of collateral that are considered acceptable. Hamilton's notion that the assets are "taken off the balance sheet" is somewhat misleading<BR/><BR/>>> By allowing CDOs with higher risk to be used as Fed Window colateral adds risk to this mess and if Im not mistaken, these CDOs and SIVs, ets are taken off the balance sheet, which adds further distortions to this bail out attempt!doc holidaynoreply@blogger.com