If any self-respecting investment bankers had been asked six years ago to name the greatest financial innovation of recent times, they would probably not have hesitated to name the collateralised debt obligation – a clever structure based on thousands of chopped-up mortgages and mortgage-backed securities.
6年前，無論你問哪位自視甚高的投資銀行家近年來最偉大的金融創(chuàng)新是什么，他們恐怕都會毫不猶豫地給出同一個答案：債務(wù)抵押債券(CDO)。這是一種巧妙的結(jié)構(gòu)性產(chǎn)品，以數(shù)千筆零散的抵押貸款和抵押貸款支持證券(MBS)為基礎(chǔ)。
您已閱讀9%（415字），剩余91%（4311字）包含更多重要信息，訂閱以繼續(xù)探索完整內(nèi)容，并享受更多專屬服務(wù)。