Domingo Halliburton
Handmade in USA
The sophistication isn't there though. They're still a relative puppy.
you mean they don't have banks buying CDSs on the mezzanine tranche of a CDO?
You are right. It is a relief when I hear a bank say they set their interest rates based on libor and not on the prime rate. You can tell their level of sophistication right there.




