"In a Blast from Financial Crisis Past, Synthetic CDOs are back"
Similar to ~2006, in a desperate attempt to chase alpha greater than what securities and government bonds afford, asset managers are flocking to CDOs once again. They're packaged a bit differently this time, but interesting how history has a way of repeating itself. In my opinion, it's only a matter of time.
Thoughts?
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in_a_blast_from_a_financial_crisis_past_synthetic_cdos_are_back_-_wsj.pdf 255.25 KB | 255.25 KB |