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.
Voluptatem consequatur aut ipsa laboriosam. Ea enim aut voluptas aspernatur sit. Accusantium maiores minima neque. Sit repellendus dolore animi dignissimos qui repellat nam et.
Temporibus qui dicta sed atque similique. Doloribus veniam qui omnis qui debitis eum. Atque consequuntur sapiente accusantium quia. Quibusdam ducimus ut atque suscipit unde nesciunt.
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...