What's a C.D.O.?
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Wall Street Requiem
The big investment banks, loaded with dangerous amounts of debt, are facing their own version of a subprime slump. Can they all survive?
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Structured Finance Lesson: You're Fired
Thacher Proffitt, a 159-year-old New York law firm that specializes in structured finance, put out a "media alert" this week trumpeting the third edition of its reference book, "Common Terms in Structured Finance." The book promises an "A-Z terminology of ...
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