CLOs are said to be far safer than the derivatives that nearly brought down the global banking system in 2007 – but the cracks are beginning to show.
Articles on CDOs
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Yet another dramatisation of the events surrounding the financial crisis that leaves a sour taste and a questionable moral lesson.
Five billion dollars is a lot of money — and that is the amount which the US Justice Department claims were losses incurred by US banks and credit unions from investing in CDOs rated by Standard &…
“How was it that relatively unsophisticated Council officers came to invest many millions of ratepayers’ funds in these specialised financial instruments? That is the fundamental question at the heart…
For decades, credit ratings agencies were largely ignored by the masses, but in recent months they have continued to hit the headlines again and again. The big three (Standard & Poor’s, Moody’s and…




