Home > In Focus > asset-backed securities, bankruptcies, CLOs, collateralized loan obligations, defaults, Global Financial Crisis, Inflation, Interest Rates, mortgage-backed securities, Recession, structured finance, tranches, waterfall > How CLOs, Despite Seeming Risky, Got to Be So Popular

How CLOs, Despite Seeming Risky, Got to Be So Popular

In a triumph for structured finance, these packages of junk loans have up to now confounded any perils.

By Larry Light

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