CLO liquidation highlights market improvement

By Sayed Kadiri

One of the busiest trading days of the year saw a large CLO liquidation took centre stage

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Comment by: Anonymous. Posted 13 years ago [2010-09-24 14:41:48]

Further evidence that the mass downgrades handed out by the rating agencies on the senior class about a year ago were way off the mark! To serve the market (and themselves) they should be correcting this error as quickly as they can. Don't hold your breath!