Giving credit its due

Investment

13gunnar-balsvik-jpg

The Byzantine complexity of the synthetic forms of debt that catalysed the 2007 credit crunch has resulted in sleepless nights for both bankers and regulators as they attempt to divine the full exposure that financial firms have to the structured credit market.

With collateralised debt obligations (CDOs) of asset-backed securities (ABS) containing as many as three tranches - each of which is formed from different pools of ABS - providing exact figures of who owes what to whom is a complex and len

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: