Structured products are the berserkers of the financial world: complex instruments that behave wildly in choppy markets and are prone to spinning out of control. Think of the collateralised debt obligations (CDOs) that detonated in 2008, leaving Wall Street in ruins.
Structurally unsound? Questioning the sustai…
Structured products are the berserkers of the financial world: complex instruments that behave wildly in choppy markets and are prone to spinning out of control. Think of the collateralised debt obligations (CDOs) that detonated in 2008, leaving Wall Street in ruins.
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