The key difference between a cash and synthetic CDO is: instead of selling the reference portfolio (loans), the originator (bank) purchases credit protection with credit...
7. Who bears the moral responsibility for the actions of a psychopathic institution? The employees of the corporation can be the nicest people in their...
Treasury Secretary Timothy Geithner today admitted under questioning from Sen. Sessions that the president's own budget, submitted Monday, calls for interest payments and obligations that...
The Neale Wheeler Watson Lecture 2011, given by Professor Judith Butler: "Precarious Life: The Obligations of Proximity". Location: Nobel Museum, Svenska Akademiens Börssal, May 24...
Marketplace Senior Editor Paddy Hirsch gives a bubbly explanation of the intricacies of collateralized debt obligations those financial instruments that got us into this financial...