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Lehman Brothers Failure : (Back to School)

    How can a bank like Lehman go down so fast? FINANCIAL markets can be punishing and reversal of fortunes can be dramatic. More so, if an institution is overleveraged — when loan and investment books...

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Indeed CDO’s and CLO’s are Back

It seems like 2005 again when investors couldn’t get their hands on enough collateralized debt obligations better known as CDO’s. That single trade took out Bear Sterns, Lehman Brothers, and almost...

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