Relevant:
- Analysis: ResCap bidders line up for rare subprime mortgage sale
- China, ECB Gov't Bond Auctions Fail; Chinese Interbank Lending Rate Hits 5.67% vs. 3.68% Gov't Bills; ECB Monetizes Bond Purchases; Gold, Silver Soar
- Mumbai’s First Land Sale in 18 Months Gets No Bids
- The Incredibly Shrinking Market Liquidity, Or The Upcoming Black Swan Of Black Swans
- Home auctions prevalent
2007-11-15 — blogspot.com
"For several months, certain of these auctions have not had sufficient bidders to allow investors to complete a sale, indicating that immediate liquidity at par is unavailable."
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