Why did U.S. banks invest in highly-rated securitization tranches?

Why did U.S. banks invest in highly-rated securitization tranches?

Isil Erel, Taylor Nadauld, René Stulz

Series number :

Serial Number: 
313/2011

Date posted :

July 01 2011

Last revised :

August 07 2011
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Authors

Real name: 
Taylor Nadauld