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This Nursing Home Operator Thinks He Can Save Minnesota Mining – Virginia extended Clarke’s loan in return for the state’s operating the facility. Essar’s Minnesota operation spent more than $1 billion before sending construction workers home and filing for.
Collateralized debt obligation – Wikipedia – A collateralized debt obligation (CDO) is a type of structured asset-backed security (ABS). Originally developed as instruments for the corporate debt markets, after 2002 CDOs became vehicles for refinancing mortgage-backed securities (MBS).
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The Banker Who Said No – forbes.com – · Standing outside the glass-domed headquarters of his Plano, Texas, bank in March, D. Andrew Beal presses a cellphone to his ear. He’s discussing a deal to buy mortgage.
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