If you are a bank, and not an investment bank, CDO leverage is maxed at 12:1. If you are an investment bank, CDO leverage is maxed at 40:1. I laugh when democrats keep spewing that more regulation was needed. Soon, a massive reform of investment banks (such as Franklin Templeton Investments) is in the making.Quote:
Originally Posted by flyingimam
:jointsmile:Hindsight is always 20/20.