Tag Archives: collateralized loan obligations
Is the Fed Secretly Bailing Out a Major Bank?
The promise of something for nothing is always an enticing proposition. Who doesn’t want roses without thorns, rainbows without rain, and salvation without repentance? So, too, who doesn’t want a few extra basis points of yield above the 10-year Treasury note at no added risk? Continue reading
Posted in Economy, MN Gordon
Tagged bailout, collateralized loan obligations, financial innovation, leveraged loans, toxic waste
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