Leaking like a SIV
Many structured investment vehicles have been hit by problems with both their funding and investment portfolios. Radi Khasawneh asks what is being done to repair the cracks
Turmoil has engulfed many previously successful structured finance vehicles in recent weeks. While the assets held by various afflicted vehicles may have been invested in structured credit referencing US subprime mortgages, this is only one aspect of the problem. More importantly, the fear engendered by the subprime crisis and the resulting credit crunch have severely impaired their access to
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