When you read The FT’s Insight from Thursday: Time to expose those CDOs
it’s difficult to be optimistic. The analysis would suggest theat the position in respect of Collateralised Debt Obligations is worse than we may have hoped for. The theme of the Insight is that it’s probably time to have some auctions and bottom out some value. Really more of the same…reluctance of institutions to face up to the sins of the past.
it’s difficult to be optimistic. The analysis would suggest theat the position in respect of Collateralised Debt Obligations is worse than we may have hoped for. The theme of the Insight is that it’s probably time to have some auctions and bottom out some value. Really more of the same…reluctance of institutions to face up to the sins of the past.
