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  1. #11
    Join Date
    Jul 2003
    Location
    Kapiti in New Zealand
    Posts
    4,031

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    Hi One - that sounds like a good understanding

    Just like Spaceman said - bloody complex with loads of opinion.

    I remember someone saying (maybe in the 'Too Big to Fail' book) that only 4-5 people in the world truly understood CDO up to CDO Squared/Cubed and CDS.

    What is really stuffed are the regulators and Fed who took these demons off the leash - stand up and take a bow Alan Greenspan...
    Free business resources - www.BusinessBlogsHub.com


 

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