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October 03, 2007
On Credit - Wolf
A quick recommendation to read Martin Wolf's column on the credit "wrinkle" and securitisation in FT
Quite good, although I am personally not particularly enamoured of securitisation in practice, but his parallel to junk bonds is good. Somewhat interestingly, I am pleased that my suggestion that emerging markets would hold up as a sort of counter-intuitive safe haven has played out fairly well.
Posted by The Lounsbury at October 3, 2007 11:14 PM
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Business
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