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Synthetic CDOs

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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 trying to satisfy voracious demand for higher returns amid rock-bottom interest rates, J.P. MorganChaseJPM -0.03% & Co. and Morgan StanleyMS -0.27% bankers in London are moving to assemble so-called synthetic collateralized debt obligations."

http://online.wsj.com/article/SB100014241278873244...

I don't know about you but I'm sinking all of my savings and future earnings in to them this time around!


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