Moody's Not On Board With Making Mortgage Securitization Fun Again « Dealbreaker: Wall Street Insider -- Financial News, Headlines, Commentary and Analysis
2013-02-26 — dealbreaker.com
``There is an obvious tension here: complicated products serve well to confuse Them but are more likely to end up acting up on Us as well.2 One fruitful approach is for Us to be just a bit smarter than Them. Another approach, lovely when it works, is to build a product that is so beautifully simple that anyone can understand it, but that has one simple conceptual twist that falls right in the particular blind spot of one particular targeted Them.3''
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