Collateralised loan obligations: why these obscure products could cause the next global financial crisis
By Daniel Tischer, Lecturer in Management, University of Bristol
Adam Leaver, Professor of Accounting & Society, University of Sheffield
Jonathan Beaverstock, Professor of International Management, University of Bristol
CLOs are said to be far safer than the derivatives that nearly brought down the global banking system in 2007 – but the cracks are beginning to show.
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- Tuesday, September 21, 2021