Recall the financial crisis in 2008 and the first thing that will knock the head will be structured finance deals. In the last posts we have tried to put on the explanations to these structured product.
The financial media reported “At the end of last year we started to see a surge in CLO [collateralized loan obligation] issuance, and now we are going to start to see a surge in CDO issuance. These are the same instruments Continue reading “Are CLOs, CDOs returning Back !! Déjà vu 2004”