Damage to securities revealed in court

Incredible losses displayed in an Ontario court yesterday.

FT.com / In depth – Damage to securities revealed in court

Some securities have lost almost a third of their value – even
though many were considered to be so safe that they carried top-notch
ratings from the credit ratings agencies.

Meanwhile, some subprime mortgage-linked securities issued by groups such as UBS have lost almost 95 per cent of their value

2 thoughts on “Damage to securities revealed in court

  1. Like, just change the “false” that is in the URL to “true” when it wants you to register/login, and you’re golden

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