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Victor, the article implies that there have been tradings done at 20-50 level. Do you think that this is the case and if so is
there any way for us to verify and the actual super senior tranche involved? Any color on this would be extremely
helpful. Thx Bruce
-----Original Message-----
From: Hong, Victor, RBSGC
Sent: Sunday, October 28, 2007 5:36 PM
To: Jin, Bruce, RBSGC; Rieder, Lauren, RBSGC; Dhaliwal, Navdeep, RBSGC; Asare, Henry, RBSGC
Cc: Matera, Fred, RBSGC
Subject: ABS CDO, Economist article
According to the article, various banks have marked to 50:00 or below, probably via NAV analysis under an EOD outlook.
http://www.economist.com/displayStory.cfm?story_id=10048962&fsrc=RSS
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