Sandra Martyres - The Toxic Asset Boom

Sandra Martyres - The Toxic Asset Boom

In these days, with investors so blind br Only one thought crosses the mind br When there is an untimely death and attendant gloom br Is whether, he is another victim of the toxic asset boom br Just a short while ago, there seemed to be no room br For any economists, warning of the impending doom br br The markets were awash with liquidity br There was not a single doubt about serendipity. br Sub-prime borrowers were, by bankers, eagerly sought br For the opportunities, to create wrappers, that they brought br Caution, credit scoring models were thrown to the winds br With structured product sales, the banks' coffers were filling up.


User: PoemHunter.com

Views: 12

Uploaded: 2014-11-08

Duration: 01:44