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What’s the ARM in That?

June 5, 2012
Chirag Shah and Servia Rindfleish

We have traditionally found that ARM securities fail in their purported purpose—to protect the investor in rates up. Now, we find that a certain subset of ARMs with a unique history may finally be able to deliver on this promised protection.

Our Mission, Values and Methodology are committed to the ideal of intellectual honesty. This requires us to check—and frequently recheck—our opinions against facts, math and logic.

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