Senate Hearing on Covered Bonds Highlights Wall Street's Resistance to Transparency

The Senate Banking Committee held a hearing Wednesday to further examine the uses and regulatory issues associated with

Covered Bonds: An Investing Stalwart Through the Centuries

So-called "covered bonds" are debt securities that are backed by the cash flows from public-sector loans or from real-estate mortgages....

Covered Bonds: The Solution to America's Economic Ills

When it comes to the global financial crisis and the Great Recession that followed, this could well be the ultimate irony: The Wall Street invention...

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