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Loan Modification

: Mortgage Lender Implode-o-Meter

Sultans of Swap

By Implode-Explode Heavy Industries

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"There are 7 stages to executing a successful sting operation. Whether this is the modus operandi behind the Sultans of Swap operating in the $605 Trillion OTC Derivatives market or just simple coincidence, I will leave it to you shrewd reader to determine. The seven stages do however offer us an instructive theater guide to better understanding these murky instruments called Interest Rate Swaps."

Full post as published by Mortgage Lender Implode-o-Meter on March 14, 2010 (boomark / email).

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