(In) Securitization
magonomics
August 24, 2007
The meltdown in the alphabet soup of the derivatives market—from ABCP and CDOs to RMBS and CDS—has given rise to concerns that the problem is systemic to these kinds of financial products. No less than Warren Buffet, one of the most successful investors of our generation has called derivatives “financial weapons of mass destruction”. Given the eve…
(In) Securitization
Reviewed by magonomics
on
August 24, 2007
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