Episode 349: CLOs, CMBS, RMBS, ABS securities are all hot again, like its 2008!

This episode examines a recent article from The Wall Street Journal (subscription required) titled “They crashed the economy in 2008. Now they’re back and bigger than ever.” Remember Collateralized Loan Obligations, Commercial Mortgage-Backed Securities, Residential Mortgage-Backed Securities, and Asset-Based Securities? For some of us, these products of “financial wizardry” still produce post traumatic stress syndrome! Well, they are back and bigger than ever! Is this a good thing or should we all get ready for the next crash?