Credit - Volume 6 / Issue 4
Articles in this issue
An expanding market
Conclusion
Rating the products
Rating agencies
Structured credit: who needs a psychoanalyst?
Sponsored foreword
Synthetic structures
Synthetic CDOs
The runaway success of credit derivatives
Introduction
The emergence of a CDO market
Birth of CDOs
Enter the CDO-squared
CDOs-squared
Transparency: a more efficient market
Pricing and trading
New CDO applications
Innovations
A question of structure
Tranching
Weighing up the risks and rewards of CDOs
Risk and reward
Editor's letter
Editor's letter