US House Price Graph 2004-2011


Archive for the 'CDO' Category

From AAA to Worthless in Less than a Year

Thursday, December 6th, 2007

Note: If you are looking for a discussion of the Mortgage Freeze plan, see ’s The Plan: My Initial Reaction
First, here is a great graphical explanation of a CDO from Felix Salmon at Portfolio.com: What’s a C.D.O.?
Now back to the Adams Square Funding liquidation. Thanks to jck for sending me the prospectus for the deal. […]

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CDO Liquidates for “Less than 25% of par value”

Wednesday, December 5th, 2007

From Standard & Poor’s: S&P Cuts All Adams Square Funding I Rtgs To ā€˜D’ On Liquidation (hat tip Brian)
Standard & Poor’s Ratings Services today lowered its ratings to ‘D’ on the senior swap and the class A, B-1, B-2, C, D, and E notes issued by Adams Square Funding I Ltd. The downgrades follow notice […]

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