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Margin Call - A Fire Sale
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the party is over as of this morning.
There's gonna be considerable turmoil
in the markets for the foreseeable future,
and they believe it is better that this turmoil begin with us.
As a result, the firm has decided to liquidate
its majority position of fixed income MBS today.
These are your packets.
You will see what accounts you're responsible for today.
I'm sure it hasn't taken you long to...
understand the implications of this sale
on your relationships with your counterparties and, as a result,
on your careers.
Similar video exercises
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Click on a word or highlight a phrase to see translation
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Click "plus" to add word/phrase for learning