Tuesday, February 23, 2010

CDO RODEO

According to Bloomberg News:
Goldman Squid underwrote $17.2 billion of the $62.1 billion in CDOs that AIG insured — more than any other investment bank. Merrill Lynch & Co., now part of Bank of America Corp., created $13.2 billion of the CDOs, and Deutsche Bank AG underwrote $9.5 billion.
Scuse me hile I absquatulate....

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