Millions for Billions
Everyone has a part of their job that sucks, no matter how satisfied they are overall. When it comes to my work here at WSO, this is the part of the job that sucks. After two and half years, the most...
View ArticleBear Stearns CDO Lawsuit
Similar to Abacus, a Bear CDO deal that went sour came with some incriminating emails from the underwriters:http://www.theatlantic.com/business/archive/2011/0...In the case of Abacus and SACO, there...
View ArticleWing Chau Sues Author of the Big Short!
People have no SHAME. Wing Chau, president of Harding Advisory is suing Michael Lewis, the author of The Big Short for "unfairly casting him as a villain." Listen Wing, you cheated investors and...
View ArticleCDX Tranche Strategies
Anyone know of any good articles online that discuss tranche trading strategies as well as index positions?
View ArticleSynthetic CDOs
An article by the Wall Street Journal:"Investors are once again clamoring for a risky investment blamed for helping unleash the financial crisis: the synthetic CDO.In a sign of how hard Wall Street is...
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