Archive for January 16th, 2008
SIV values may mean more pain to come
16 January 2008Moody’s was one of the credit rating agencies that enabled the subprime mess, then snoozed as the underlying values plummeted last summer. In an effort to burnish their reputation, Moody’s appears to be getting ahead of the curve in tackling the values of the large Structured Investment Vehicles (SIV), one of which is managed [...]