FROM THE ARCHIVE: 10 years ago this week RUN UP TO THE FINANCIAL CRISIS

摘要

The Alt A and other loans that Bear Stearns sold came from a variety of originators, including Impac Mortgage, Bayview, Countrywide, CBASS, EMC, Goldman Sachs, Washington Mutual and indeed Bear Stearns itself. Pool size varied from US$100,000 to over US$1m. The sale will settle on June 19. Bear declined to comment on any aspect of the sale, but in the firm's second-quarter earnings statement It made an oblique reference to headlines regarding losses in its High Grade Structured Credit Strategies Enhanced Leverage Fund and a related fund.