Friday, February 23rd 2018

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What are toxic securities?

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17th Dec 2009 by Gary

A toxic asset is an asset you have which has no way to be sold, thus the term toxic. The best and most recent example to help you understand is the mortgage-backed securities which were kept of the books of many banks, and when finally discovered, weren't able to be collected on as they were basically worthless.

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26th Oct 2009 In Investing 1 Answers | 428 Views
Subjects: securities, toxic securities,

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