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Our thoughts on news that matters.

The Buzz at ABS Vegas

Good energy and optimism at ABS Vegas — and even the turn-out was good despite the weather on the east coast stopping flights. Not quite the old days but getting there. Lots of “constructive engagement” on regulatory issues in the context of what feels like a market with strong and increasing demand. At DealVector we […]

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Too Small to Fail?

After standing up investors in the TruPs market like prairie dogs with a lion nearby, Volcker regulators told them to relax this week. Cancel red alert. No forced selling at the present time will be required. You are exempted.   The interim rule will allow CDOs with TruPs collateral issued by small banks (less than […]

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