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FAST FIVE: Satyajit Das: The CDO Bomb That Blew Up In 2008? There Is A New One

by admin@thebestquotes

Post-crisis CLO deals tend to have less structural leverage, shorter reinvestment periods, more restrictions on asset holdings and greater focus on matching asset cash flows to liabilities. Despite Barclays’ spirited defense of CLOs and attempts to counter the “alarmist media rhetoric”, and talk down their systemic risk, one person […]

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