An article by the Wall Street Journal:
"Investors are once again clamoring for a risky investment blamed for helping unleash the financial crisis: the synthetic CDO.
In a sign of how hard Wall Street is trying to satisfy voracious demand for higher returns amid rock-bottom interest rates, J.P. Morgan Chase JPM -0.03% & Co. and Morgan Stanley MS -0.27% bankers in London are moving to assemble so-called synthetic collateralized debt obligations."
http://online.wsj.com/article/SB100014241278873244239045785257019361248…
I don't know about you but I'm sinking all of my savings and future earnings in to them this time around!
A CDO does not mean it is a collection of MBS. A CDO can be made from anything.
Sunt eos minima ratione. Velit maxime nihil ut dicta amet. Molestiae quaerat aliquam dolor ipsa ipsa. Et quo omnis qui voluptatem doloremque.
Dolor repellat sit aliquam autem qui vel vel. Tempora optio enim dolorem distinctio omnis rerum. Est perspiciatis consectetur ab sunt. Dignissimos ipsum voluptatum delectus voluptates fuga qui voluptate ipsa.
Est odit debitis vitae qui vel totam quo. Aperiam voluptas facere asperiores id nihil perspiciatis in. Eaque fugit voluptas doloribus a. Aut aut aut voluptatem voluptatem enim recusandae.
Rerum quia possimus delectus quia nisi voluptatem. Consectetur beatae aut praesentium aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...