Saturday, November 17, 2007
ABS CDOs of Citi in Q3
--43 bil exp is from returned ABS CDOs, off balance sheet in Q2. It is returned because of "liquidity put", termed when the securities were sold
--trading account in Citibank N.A Q3 is 183 bil vs Q2 126 bil, Q1 105 bil, Q4 06 106
--based on the above data we can conclude that the clients returned these "assets" to Citi and booked under trading account.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment