Grappling With The FDIC's New Rule Proposals

Law360 (June 17, 2010, 2:15 PM EDT) -- The foundation of securitization as a financing technique is the concept of legal isolation. Specifically, the assets transferred by a company to a separate legal entity, which assets will act as collateral for securities issued by such separate legal entity, must be legally isolated from the insolvency risk of the transferor company....

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