Paulson: Mortgage Players Must Keep ‘Skin In The Game’
Wednesday, March 16th, 2011WASHINGTON (Dow Jones)–Former Treasury Secretary Henry Paulson said Thursday underwriters and originators of mortgage-backed securities should retain some “skin in the game” by keeping a portion of those securities.
Morgan Stanley shares drop on reported probe
Wednesday, March 16th, 2011NEW YORK — Morgan Stanley shares dropped Wednesday following a report that the investment bank is facing an investigation into mortgage derivative deals.