CDO Revival Led by Funds Pinning Hopes on Smallest Banks (2015)(bloomberg.com)

12 pointsby grownseed10 yıl önce1 comments

CDO Revival Led by Funds Pinning Hopes on Smallest Banks (2015)

http://www.bloomberg.com/news/articles/2015-10-20/cdo-revival-led-by-hedge-funds-pinning-hopes-on-smallest-banks

1 comments

rubidium10 yıl önce

I don't know anything about the details of this particular CDO structure (and the article was a bit sparse on the details other than its small banks), but I've grown disgusted with people trying to make convoluted financing schemes to make money.

CDO's didn't exist until 1987. The market and economy grew just fine without them. In fact, we've seen an increased divergence of rich/poor since that time. CDO's only help the rich get richer.