Financial alchemy
Marketplace APM Marketplace APM
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 Published On Jul 17, 2009

Many asset-backed securities have been downgraded from AAA recently. But at least one issuer has miraculously repackaged a downgraded deal to make some of its bonds worth a AAA rating again. Paddy Hirsch explains. #MarketplaceAPM #AssetBackedSecurities #EconomicExplainers

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