While financial engineering has been tarnished in the current credit crunch, market participants say collateralized debt obligations (CDOs) and other forms of securitization have their place in a ...
NEW YORK (Reuters) - It was Wall Street's version of hide and seek this week as some of the world's largest investment banks remained tight-lipped on the likely fall in price of some complex ...
It sometimes seems that the world of finance is nothing but a series of opaque ruses designed to exemplify the expression mutton dressed up as lamb. However, after 18 months of bursting internet ...
NEW YORK (Reuters) - Some banks which have been forced to take huge valuation write downs on their stakes in mortgage related securities are now trying to squeeze out other investors to secure any ...
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