September 2007

John Devaney, United Capital Markets: Sub-prime splash

by Peter Koh

It’s hard to empathize with the faceless investment bank and institutional investor victims of the sub-prime crash. What’s really needed is an individual whose story people can relate to.


                                                                                                              More on sub-primeEnter John Devaney, CEO of United Capital Markets, a market maker in structured finance and asset-backed securities, who was once quoted in the newspapers as saying that people who take out sub-prime mortgages to buy their homes...


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