A practical guide to the features and investment characteristics of CDOs In the bond area, collateralized debt obligations, which include collateralized bond obligations and collateralized loan obligations, are the fastest-growing sector. Collateralized Debt Obligations: Structures and Analysis describes the various products in this area-cash flow CDOs, market value CDOs, synthetic CDOs, etc.-and explains how to evaluate them. With this book as their guide, investment managers and institutional investors alike will learn how to analyze the risks associated with CDOs, create a portfolio of CDO products, and assess trading opportunities in the secondary market.
If you are looking to make some sense of this whole subprime market data, this book is for you. This is a great foundation book. This book is ideally for someone who knows a bit about the business already. I would not advise purchasing this book if you are unfamiliar with the business. There is a lot of jargon that may not be understood. Nevertheless, this book is an excellent resouce. It touches on everything you ever wanted to know about the CDO market and then some. This book is NOT for the expert on CDO. This is more for the afficionado. Enjoy!!! :o)
Excellent Resource
Published by Thriftbooks.com User , 21 years ago
Ms. Goodman's book is a much needed resource on CDOs. If you are just learning about the CDO market, Ms. Goodman clearly defines key terms and explains the structures from beginning to end. Those with extensive Wall Street experience will enjoy having one of the few well-written references available in the market. It is also a good marketing tool to give to potential investors. This is a good comprehensive reference guide.
Essential Reference
Published by Thriftbooks.com User , 21 years ago
It seems oddly convenient that a negative review of the late Marcia Stigum's book, The Money Market, recommends The Repo Handbook by Moorad Choudhry. Ms. Goodman's book has a similar title to a book he has coming out and has been attacked with one star reviews that seem very similar to the attacks on books with similar titles and on Ms. Stigum's book. The envy is easy to understand, since this clearly written book with pleasing type-face is selling well and is a valuable resource.Don't miss the chance to buy this excellent reference work on collateralized debt obligations.
Good treatment of important CDO topics
Published by Thriftbooks.com User , 22 years ago
Each chapter is a useful in-depth lecture on a specific CDO topic without the cheerleading sales pitch that accompanies most street research. There's a reason why Laurie Goodman has four number 1 rankings in the latest Institutional Investor survey.
Good introduction to the CDO market
Published by Thriftbooks.com User , 22 years ago
This well written book provides an excellent introduction to the CDO market. It covers topics of interest to the potential investor in these securities, in an easy to use format.
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