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Financial alchemy

Financial alchemy

Released Monday, 20th July 2009
Good episode? Give it some love!
Financial alchemy

Financial alchemy

Financial alchemy

Financial alchemy

Monday, 20th July 2009
Good episode? Give it some love!
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Many asset-backed securities have been downgraded from AAA recently. But at least one issuer has miraculously repackaged a downgraded deal to make some of its bonds worth a AAA rating again. Senior Editor Paddy Hirsch explains.
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