Showing posts with label Barron's. Show all posts
Showing posts with label Barron's. Show all posts

Friday, October 7, 2011

It's the Frenchies' fault

Barron's blames the French banks for the drop off in CMBS AAA prices. Using Barron's number of $9.4billion in CMBS holdings by French banks, though, it only represents about 1.3% of the total market.

However, despite their 3rd grade level attempt to blame the French, and as the proud parent of a 3rd grader, I am fully comfortable using this opportunity to share this 3rd grader's report that I found online.