Obama asking for limits on loan securitization

My own take. Obama didn't get an A
regarding 5% skin in the game.. they'll find a way to hedge it. Structured bonds are not inherently more risky than corporate bonds. The issue is poorly underwritten mortgages behind them. Stock brokers has a know your customer rule. Mortgage lenders should have same.
No link, no video, just my own humble opinion.

Citigroup up to the old tricks....

http://www.ise.com/assets/documents/OptionsExchange/legal/ric/2009/RIC-2009-147$Citigroup_Principal_Protected_Notes$20090508.pdf

Ask yourself what rates citi pays in the bond market and why this is a good deal for the investor? Sheep in wolves clothing

It not bad from the investors perspective. you equity exposure with a guaranteed coupon 3% coupon. there is credit risk, but we know the govt wont let them go bust so thats eliminated.. but yeah, if the market goes south, citi gets a 3% loan.

the thing about securitization is that its going to be less of a money maker permanently so thats another revenue stream gone. its definitely credit restrictive which is bad for all types of loans