Senator Collins Holds Oversight Hearing on the Role of Investment Banks in the Financial Crisis
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Senator Susan Collins, who is Ranking Member of the Senate Homeland Security and Governmental Affairs, and a member of the Permanent Subcommittee on Investigations, this week held a hearing to examine the role of investment banks in the securitization of residential mortgage related products, and the development, marketing, and trading of residential mortgage related structured financial products such as collateralized debt obligations (CDOs) and credit default swaps (CDS).
JohnLloydScharf 1 year ago