Twenty billion dollars of those $50 billion were purchased from third parties. ... There was no option but to incur severe write-downs, more than $20 billion of them by mid-2008, making the super senior ... to subprime through its CDO Warehouse pipeline, through the other units that punted on subprime one way or another, anbsp;...
|Title||:||The Number That Killed Us|
|Publisher||:||John Wiley & Sons - 2011-11-01|