Was New Century heavily shorted in Dec 2007?
Thoughts?
Thoughts?
+154 | How to stop feeling like shit for not making it in IB? | 57 | 10h | |
+116 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 58 | 9h | |
+80 | Updated LA Banking Scene (2024) | 59 | 25m | |
+38 | Ranking banks that went under | 20 | 14h | |
+37 | Burnt Out M&A ASO | 18 | 13h | |
+34 | Relevance of A-Levels for U.K. London recruiting | 24 | 57m | |
+32 | A strategy for SA applicants late to the game like myself | 15 | 19h | |
+27 | Series 79 Help / Tips to Pass The First Attempt | 11 | 2d | |
+26 | Intern Ettiquette | 4 | 21h | |
+23 | What are hours like at BBs in London? | 47 | 22h |
Career Resources
In December 2006... oops.
what makes you think so?
the reason i ask if because of the precipitous fall in the share price as of this morning. seeing the situation in hindsight, it appears that the sub-prime mortgage market meltdown could have been anticipated and therefore subprime lending companies like New Century get shorted.
shit yes it was
Ut debitis optio molestiae maxime provident. Qui quos dolores est exercitationem. Consequuntur accusamus sed hic dolorem praesentium excepturi cumque. Ut consectetur voluptates consectetur et commodi odio delectus. Est qui ducimus ad fuga est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...