Trouble for Banks, Insurers May Lurk in Synthetic CDOs | WHAT REALLY HAPPENED


Trouble for Banks, Insurers May Lurk in Synthetic CDOs

Even as some lending markets begin to recover from last month's demise of Lehman Brothers Holdings Inc., the securities firm's default -- together with those of other U.S. and European banks -- is causing new dislocations in the multitrillion-dollar market for complex investments known as synthetic collateralized debt obligations.

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA