Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
... or unstructured? It is in the structuring and then layering of structured pools of lower ranking streams that CDO's are a very effective vehicle in concentrating systemic risk.

If the CDO's are unstructured, then they simply average both stochastic and systemic risk.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Wed Oct 8th, 2008 at 04:49:22 PM EST
[ Parent ]

Others have rated this comment as follows:

Migeru 4

Display:

Top Diaries

Occasional Series