wrote an interesting post today on
Here’s a quick excerpt
In recent years the debt securitization market was the source of roughly 60 percent of all credit in the United States. Now securitization is on life support—whatever securitization is still happening largely occurs because of government programs. This makes credit hard to come by for everyone from consumers to businesses. Jenny Anderson tells the tale of the woeful state of securitization in today’s New York Times. Enormous swaths of this so-called shadow banking system remain paralyzed. D

Read the rest of this great post here

Random Feed wrote an interesting post today on
Here’s a quick excerpt
A year after Washington rescued the big names of American finance, it’s still hard to get a loan. But the problem isn’t just tight-fisted banks.The continued disarray in debt-securitization markets, which in recent years were the source of roughly 60 percent of all credit in the United States, is making loans scarce and threatening to slow the economic recovery, The New York Times’s Jenny Anderson writes. Many of these markets are operating only because the government is propping them up.But now

Read the rest of this great post here