The inside story: Decoding the CDO black box

2006: In the approach to the 2008 global financial crisis, Euromoney became concerned about hidden risks and complications in the structured credit markets (from the imagination of Jon Macaskill).

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IN ADDITION



    Euromoney was keen to examine the structured credit production line that had come to dominate debt market activity, so in 2006 accepted a temporary job as an analyst at rating agency Moody’s.

    The market for collateralized debt obligations (CDOs) was booming, and increasingly complex structures were being used to add leverage to asset-backed deals.

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