- Na ja, schau mer mal - crosswind, 22.10.2007, 20:12
Na ja, schau mer mal
-->"The sad truth is that there are no AA-AAA CDOs, not in the traditional corporate bond sense, anyway. Their structures make them inherently unstable past a critical point, after which their performance becomes non-linear on the downside. The banks know this very well (they engineered them, after all) and that's precisely why they don't want to hold them - it has nothing to do with lack of transparency or liquidity. Such products are large ticking bombs; their manufacturers can calculate with relative accuracy when they will explode, given timely data on delinquencies and defaults. As in any bankruptcy, how much money will be recouped will depend on the prices realized from the auctions, minus costs and fees."
Wer den Ausgang bereits geschafft hat, hat vermutlich gut lachen. Ein schneller crash - nööö. Da steht Eimer unter Eimer unter Eimer.
gruss cw

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