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Wall Street Wizardry Amplified Credit Crisis.

Authors :
MOLLENKAMP, CARRICK
NG, SERENA
Source :
Wall Street Journal - Eastern Edition. 12/27/2007, Vol. 250 Issue 150, pA1-A8. 2p.
Publication Year :
2007

Abstract

The article focuses on Norma CDO I Ltd., a consolidated debt obligation mortgage backed investment tool that was created by Merrill Lynch & Co. A discussion of the role Norma and other mortgage backed investment tools similar to it played in the subprime mortgage crisis of 2006 and 2007 which was seen in the United States, is presented.

Details

Language :
English
ISSN :
00999660
Volume :
250
Issue :
150
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
28009927