accountwill be determined immediately by larger marketsso that, for instance, a banks' management can know how much a CDO is...
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STRUCTURED FINANCE
Structured finance is a broad term used to describe a sector of finance that was created to help transfer risk using complex legal and corporate entities. Structured finance includes topics such as MBS, ABS, CDO, CLO, RMBS, CMBS, credit derivatives, and others.
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total $5.7 billion just shy of two weeks after it posted a record loss of $4.65 billion on CDO writedowns of $3.
Merrill Lynch (MER) announces 'substantial' sale of U.S. ABS CDOs to affiliate of Lone Star Funds for $6.7 billion.
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Top Sources: Structured Finance
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