Bloomberg Says "​Subprime Infects $​300 Billion of Money Market Funds, Hikes Risk" claims, "Unbeknownst to most investors, some of the largest money market funds today are putting part of their cash into one of the riskiest debt investments in the world: collateralized debt obligations backed by subprime mortgage loans." The article names a number of fund groups with exposure to CDO debt, though it neglects to separate "​subprime" CDO debt from the high-​quality versions found in money funds (​which are overcollateralized, seasoned, contain puts, and are "​bomb-​proof").

Your Name:
Your Email:
Recipient Email(s):

Use a comma or a semicolon to separate

Please retype symbols from the image:

Optional Message

Daily Link Archive