Monday, April 14, 2008

CDO Liquidations

I have been swamped and I have not been feeling very well and the first thing that attacks for me is my mind in being able to think clearly so I am about out but one more interesting article. (Thanks goes to Ron)

http://www.reuters.com/article/marketsNews/idUSN1031345320080410

NEW YORK, April 10 (Reuters) - SMH Capital will act as exclusive agent on the liquidation of $2.8 billion of collateralized debt obligations via six separate auctions next week, market sources said on Thursday.

Not exactly sure what this really means. Like what are the implications if this happens or this happens. Something to keep an eye on though.

1 comment:

Justin said...

Kaspar, I see the auction-rate freeze is persisting, despite all the efforts of the Feb

http://www.nytimes.com/2008/04/13/business/13cash.html?em&ex=1208318400&en=4d9bd67cd3c1c8ad&ei=5087%0A