Home > Work > Structured Finance and Collateralized Debt Obligations: New Developments in Cash and Synthetic Securitization
1 " Hedge funds have made massive leveraged credit bets, knowing that their upside is billions in fees and their downside is millions in fees. "
― Janet M. Tavakoli , Structured Finance and Collateralized Debt Obligations: New Developments in Cash and Synthetic Securitization