Senior mezz is the Basel II sweet spot. says Morgan Stanley

Morgan Stanley says that senior mezzanine corporate tranches are the sweet spot for banks to go long if they calculate their capital under Basel II

Comment by: Anonymous. Posted 14 years ago [2010-03-22 17:27:01]

"And by pure coincidence, Morgan Stanley is sitting on a pile of senior mezzanine tranches we'd be happy to sell to investors" the analyst added. !!