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Leon T. Kendall

Titles by This Editor

Gathering fourteen lectures by the pioneers of securitization and by current practitioners -- from Freddie Mac, Paine Webber, JP Morgan, Chrysler, McKinsey & Co, and other major players -- A Primer on Securitization introduces readers to America's newest system of raising capital: what it is, how it operates, and what difference securitization makes.The securitization process bypasses financial intermediaries that have historically collected deposits and loaned them to those seeking funds, and links borrowers directly to money and capital markets.