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Asset Backed Securities

Will a Young Generation's Dreams Be Rescued -- Or Bundled and Sold on Wall Street?

Richard (RJ) Eskow | Posted 06.25.2012 | College
Richard (RJ) Eskow

Banks have been slicing and dicing student loans into derivative financial instruments called "SLABS" -- student-loan asset backed securities. Hey, what could go wrong?

Protesters Are Occupying Wall Street, But Not Yet Changing It

Peter S. Goodman | Posted 12.24.2011 | Business
Peter S. Goodman

Earlier this month, at the ocean-side Fontainebleau Hotel in Miami Beach, the people who nearly blew up the global financial system got together for a...

SEC's Proposed Rule To Stop Banks From Profiting At Client's Expense

Posted 11.19.2011 | Business

(Sarah N. Lynch) - Underwriters or sponsors of asset-backed securities would be banned for one year from taking positions to profit from investors' lo...