Can someone shed more light on Structured Finance/Derivatives groups?

Since there are currently a lot of articles circling around in the news about CLO's/CDO's and derivatives trades going bad/wrong, I was wondering if some of the monkeys out here can shed some light on these topics, especially: - Which groups at banks/funds make derivatives/CDO's/CLO's and or related products? - Who are the top players in the field? - What is a common background for someone in those groups? - Is it quant heavy work or is a large part automated? - Is there a lot of innovation with structured/derivatives products? - Any source you would recommend to get update and follow the field? I am currently in possession of "Options, Futures, and Other Derivatives" by John C. Hull but if you have additional literature that you would recommend, it would be greatly appreciated.

Cheers & stay safe everybody

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