Bloomberg posted an article this morning describing the
Collateralized Loan Obligation market as “Wall Street’s
Billionaire Machine.” But I seem to recall that the CLO market
was one of the financial nuclear bombs that blew up and triggered
the financial system de facto collapse in 2008. Well, it’s back
– with a vengeance.
Collateralized Loan Obligation market as “Wall Street’s
Billionaire Machine.” But I seem to recall that the CLO market
was one of the financial nuclear bombs that blew up and triggered
the financial system de facto collapse in 2008. Well, it’s back
– with a vengeance.
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