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Synthetic CDOs - Banks To Win Out Of World Wide Corporate Collapse?

Discussion in 'General Investing Discussion' started by Chris C, 20th Nov, 2008.

  1. Chris C

    Chris C Well-Known Member

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    Business Spectator - A tsunami of hope or terror?

    I'll be honest and say I don't understand half of what this article is going on about, but the general jist I'm getting is that if things get any worse the Banks will receive a big windfall based on their hedging against the collapse of highly leveraged companies.

    I don't know whether to be very scared or to be running out to invest in banks...

    :eek:
     
  2. Chris C

    Chris C Well-Known Member

    Joined:
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    Location:
    Brisbane, QLD
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