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Structured
CDO trader turns tour guide, reports BBC
Monday, June 1, 2009
BBC news reports that former Deutsche Bank CDO trader, Andrew Luan, has begun a new career as a tour guide in New York. According to the report, which can be seen at Ex-trader works as Wall St tour guide, Luan takes people on what he describes as a "financial crisis tour", including stops outside the headquarters of AIG, Lehman Brothers and the New York Federal Reserve.
Luan, who worked from Deutsche Bank from 2005 until earlier this year, charges $40 for the tour, according to the report.
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CLO index levels:
| Index | 21 May |
|
| CFlux USD AAA | ↑ | 96.2 |
| CFlux USD AA | ↑ |
88.3 |
| CFlux USD A | ↓ | 84.1 |
| CFlux USD BBB | ↓ | 75.3 |
| CFlux USD BB | ↓ |
74.1 |
| CFlux USD EQ | ↑ | 77.5 |
I wonder how Barclay's bouncers react to the Lehman part of the tour...
hope it's not a walking tour - Lehman's in mid-town