dimelab dimelab: shrinking the gap between talk and action.

moved entire ABS portfolio Topic in The Credit Debacle Catalog

Fri 2008-05-16 00:00 EDT

Winter (Economic & Market) Watch >> Paint Lipstick on this Pig

Winter (Economic & Market) Watch >> Paint Lipstick on this Pig; Freddie Mac moves 120 billion to level 3 assets; moved entire ABS portfolio into level 3; level 3 assets now 23% of total assets

economic; Market; Paint Lipstick; Pigs; watch; winter.