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First, regulators may impose higher capital charges on banks for the contingent risks they run as a result of securitisation.
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According to Anna Pinedo of Morrison & Foerster, a law firm, there is also fogginess around the tax status of securitisation trusts, the entities into which securitised assets are placed.
And the theory that risk had been dispersed because of securitisation added to the false sense of security.The result for many banks was a strategy of expanding their balance-sheets by writing more and more loans and holding ever more securities.
This article argues that power struggles between judiciaries and executives are fuelled by tensions of securitisation, border control and human rights over the issue of irregular migration.
Society benefited from their eventual rehabilitation as it most probably will from the revival of securitisation.
Much of the point of securitisation is to reap the benefits of diversification.
If James Brown was the godfather of soul, was David Bowie the godfather of securitisation?
So far most of the credit collapse in America has come from the demise of securitisation.
Take the financial alchemy that goes by the name of securitisation.
WestLB's Saunders, a pioneer of securitisation, has also been looking.
Messrs Cioffi and Tannin seem to have been as dazzled as anyone else by the alchemy of securitisation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com