It's impossible not to love any story about the insanity of high finance during the bubble years which not only goes into hugely geeky detail but also comes with a cool cartoon and which includes the phrase cheerfully feckless. Publisher - Felix Salmon Creator - Felix Salmon Date - Fri, 27 Aug 2010 05:41:53 GMT

Better Than Bernie: How Wall Street Used CDOs to Perpetrate a ...

When the housing crash threatened to gut the lucrative business of selling CDOs, Wall Street firms came up with a plan — sell the securities to. Publisher - Financial Folly Blog RSS | BNET Creator - Alain Sherter Date - Tue, 31 Aug 2010 18:56:18 GMT

No One Left to Sell CDOs To? Sell to Yourself! | The Big Picture

ProPublica has a devastating take down of some of the self-inflicted wounds the big bailed out banks caused, all in the pursuit of bigger bonuses. Merrill. Publisher - The Big Picture Creator - Barry Ritholtz Date - Fri, 27 Aug 2010 12:26:03 GMT

ProPublica, Planet Money tackle CDOs with comic strip, song ...

ProPublica's Jake Bernstein and Jesse Eisinger tackled the very complicated issue of mortgage bonds known as collateralized debt obligations, or CDOs, to show how bankers created fake demand for the once lucrative product. They write: ... Publisher - BusinessJournalism.org Reynolds Center for Business Journalism Creator - Rosland Gammon Date - Thu, 02 Sep 2010 11:00:53 GMT

Gold-plated Garbage « Bradd Libby

Financial engineers began to craft CDOs from, say, the Gold tranches of other CDOs, making what was called a 'CDO squared'. Obviously, this vehicle, too, might get a AAA rating, because it was made up of other AAA-rated securities (and ... Publisher - Bradd Libby Creator - braddlibby Date - Wed, 08 Sep 2010 19:02:31 GMT

Summer Rerun: CDOs: The Ticking Time Bomb « naked capitalism

CDOs are structured investments that contain a variety of assets, often tranches of residential mortgage securitizations (often the BBB or BBB- portion), commercial mortgages, pieces of collateralized loan obligations (LBO debt), ... Publisher - naked capitalism Creator - Yves Smith Date - Tue, 24 Aug 2010 07:40:53 GMT

Commercial Real Estate CDOs Set for More Downgrades, Special ...

Home > Secondary Market/Investors > Commercial Real Estate CDOs Set for More Downgrades, Special Serviced Loans Rise. RSS · Twitter. Commercial Real Estate CDOs Set for More Downgrades, Special Serviced Loans Rise. by JASON PHILYAW ... Publisher - HousingWire Creator - JASON PHILYAW Date - Fri, 20 Aug 2010 14:51:37 GMT

Project Finance CDOs after the credit crisis. Report by IJ & Mayer ...

To be sincere, I didn´t know much about collateralised debt obligations (CDOs) before reading this article but we all remember that the last financial crisis was very related to this kind of products. As Paul comments in his article: ... Publisher - PUBLIC PRIVATE PARTNERSHIPS AROUND THE WORLD Creator - PPP Date - Sun, 05 Sep 2010 18:26:00 GMT

ProPublica Asserts “First” on CDO Manager Shenanigans When ...

Specific types of CDOs have arisen that specialize in holding such risky classes of securities have become popular in recent years, providing a great deal of funding for lower-tranche RMBS at that 10:1 leverage ratio…. the 90 percent of ... Publisher - naked capitalism Creator - Yves Smith Date - Mon, 30 Aug 2010 07:40:40 GMT

CDOs: Under the Hoodie | Gulag Blog

The self-dealing super-charged the market for CDOs, enticing some less-savvy investors to try their luck. Crucially, such deals maintained the value of mortgage bonds at a time when the lack of buyers should have driven their prices ... Publisher - Gulag Blog Creator - don Date - Fri, 27 Aug 2010 13:57:31 GMT