Advisories, Observation Deck

 

Observation Deck
January 01, 2008
In recent months, many financial institutions have been forced to write down their subprime and other investments as the valuations for these securities have steadily declined.
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Advisories
August 15, 2007
In the world of corporate cash management investments, there is the $260 billion1 auction rate securities (ARS) market, and there is everything else.
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Advisories
June 14, 2006
In our advisory letter dated April, 2005 and titled Auction Rate Securities, we highlighted several factors that had prompted us to scrutinize the auction rate securities (ARS) market and its suitability for investors with liquidity and capital preservation as key elements of their investment objectives. We are providing this analysis as an update to our previous advisory.
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Advisories
April 12, 2005
This is an update to a prior research note on Auction Rate Securities (ARS) in which we expressed some concerns over a weakening liquidity dynamic in this $210 billion market.
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