Ray of Light: Can the U.S. and U.K. Govts. Restart ABS?
May 25, 2009
At the start of 2009, the formula that would save securitization began with government intervention. Six months down the line, the U.S. and European markets have seen some results. For Europe, the story has naturally been fragmented or on a country-by-country basis where some governments pledging more support than others.
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