Topic
Securitisation
464 published works
Securities Law Prof Blog
Hill on Credit Rating Agencies
Why Did Rating Agencies Do Such a Bad Job Rating Subprime Securities?, by Claire A. Hill, University of Minnesota, Twin Cities - School of Law, was recently posted on SSRN. …
Crunched Credit
First Securitization Since 2008: No April Fooling
The Wall Street Journal and Bloomberg, among other outlets, reported last week that the Royal Bank of Scotland Group Plc is in the process of placing a multi-borrower securitization – the first…
The Faculty Lounge
The Big Short Harvard Thesis
As everyone not living under a rock is probably aware, the new Michael Lewis book, The Big Short: Inside the Doomsday Machine, is now available. My financial crisis reading group…
Securities Law Prof Blog
Dodd Releases The Democrats’ Version of Regulatory Reform
Senator Chris Dodd, Chair of the Senate Banking Committee, just released the Senate Democrats' summary(Download FinancialReformSummary231510FINAL) of proposed federal financial reform. (In case you've forgotten, the House passed a version last December.) …
Crunched Credit
Why is Sheila Bair Making Rules on the Safe Harbor for Bank Securitization?
By Rick Jones
As if we didn’t have enough trouble already, we’re now caught in the political cross-fire between Sheila Bair at the FDIC and the rest of the regulatory apparatchnik of the…
Securities Law Prof Blog
Ford on Financial Regulation
New Governance in the Teeth of Human Frailty: Lessons from Financial Regulation, by Cristie L. Ford, University of British Columbia Faculty of Law; Columbia Law School, was recently posted on…
Class Action Countermeasures
Selling Class Settlements: What Does It Say About Defendants?
By The Editors
Earlier this week, the AmLaw Litigation Daily reported on what was almost a groundbreaking moment in class-action settlement. Back in August, a judge in the Eastern District of New York had…
Lending Law Report
The FDIC’s Interim Rule for Securitizations
This post was written by Colleen McDonald, a partner in the Financial Industry Group here at Reed Smith. The FDIC has given banks a temporary reprieve from the impact on…
Lending Law Report
New Rules for Securitization
By Susan Alker
A new set of FASB rules may impact whether a securitization is treated as a "true sale" and whether companies with financial assets will have to consolidate their special purpose entities…
The Conglomerate Blog: Business, Law, Economics & Society
If Complexity is the Problem, is Technology the Cure?
By Gordon Smith
We hear a lot about "complexity" as a contributing factor to the financial crises. Steven Schwarcz (Duke) pins blame on the complexity of financial products like asset-backed securities. We need…