Since the first public offering in 1985 asset backed securities (ABS) are one of the most rapidly growing segments of the U.S. capital markets. Finding its genesis in the refinancing of mortgages in the United States, ABS are structured by packaging a pool of financial assets, such as automobile...

Diese Arbeit geht an zwei Beispielen der Frage nach, wie sich die Privatisierung auf und in Eisenbahnunternehmen auswirkt.