Who knew that this sub prime mess would have benfitted A paper loans? S&P downgraded $12 billion in sub prime mortgage bonds today, and a huge flight to quality resulted. The 10 yr rallied, and rates dropped from 5.15 to 5.02...which is huge. Glad to see something positive has come from the sub prime meltdown!
The Working Families Party’s Fight for Survival
-
Can Cuomo kill the Left’s best chance at its own political party?
3 years ago
No comments:
Post a Comment