Robert Scheer: It's Greek to Goldman Sachs
Posted by admin / Under Collateralized Debt Obligation
Just as it did with mortgages in the U.S., Goldman in effect bet against the collateralized Greek debt obligations. The basic issue is the same.
Published on Thursday 11th of March 2010 07:59:30 AM
Drinking the Financial Innovation Kool-Aid
Posted by admin / Under Collateralized Debt Obligation
Financial innovation is not like any other kind of innovation in our economy. If you create a new IPod and it goes sour, it hurts Apple. Create a synthetic collateralized debt obligation that goes south, you crash the world economy.
Published on Thursday 11th of March 2010 07:59:30 AM
The Economics of Golf
Posted by admin / Under Collateralized Debt Obligation
Now that the public has been formally introduced to mortgage-backed securities and collateralized debt obligations, I thought our readers would like to know golf is doing its part to help the economy...
Published on Thursday 11th of March 2010 07:59:30 AM
SEC Just Now Seeking Key Information on Meltdown
Posted by admin / Under Collateralized Debt Obligation
The SEC is conducting an information-gathering sweep of the key players in the market for collateralized debt obligations, the bundles of mortgage securities.
Published on Thursday 11th of March 2010 07:59:30 AM
Structured Finance and Collateralized Debt Obligations: New
Posted by admin / Under Collateralized Debt Obligation
An up-to-date look at the exploding CDO and structured credit products market In this fully updated Second Edition, financial expert Janet Tavakoli provides readers with a comprehensive look at the CDO and structured credit products market amid recent developments. In addition to a detailed overview of the market, this book presents key issues in v
Published on Thursday 11th of March 2010 07:59:30 AM
"What matters in life is not what happens to you but what you remember and how you remember it."
This Day In History
Lend-Lease Act: was signed into law by FDR, providing aid in the form of equipment, food and weapons to the Allies during WWII (1941)
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