Trouble for Banks, Insurers May Lurk in Synthetic CDOs

Even as some lending markets begin to recover from last month's demise of Lehman Brothers Holdings Inc., the securities firm's default -- together with those of other U.S. and European banks -- is causing new dislocations in the multitrillion-dollar market for complex investments known as synthetic collateralized debt obligations.

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA