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But many debt products, particularly asset-backed instruments, remain paralysed.
The complex debt products held by Lehman and others proved to be risk bombs.
They have been growing fat on the profits from helping banks create complex debt products.
Large financial services firms sold billions of dollars' worth of complex debt products, which are now losing value.
He quit the bank in 2008, with the masonry of finance – not least complex debt products – crashing around everyone's ears.
The price tag on a huge range of other debt products is benchmarked to the cost of Treasuries.
Similar(20)
With the help of Barclays, Cairn will turn the fund into a cash-flow collateralized debt obligation, or C.D.O., another debt product that has no exposure to the short-term paper market.
A credit rating is important as it gives investors an indication of the riskiness of investing in a debt product and can affect how much government's have to pay to borrow money.
Commercial paper issuance has declined by $113 billion since the Sept. 15 bankruptcy of Lehman Brothers, one of the biggest dealers in this short-term debt product that is used by companies to fund daily operations, such as payroll.
Those lenders are able to look back at consumer behaviour over several economic cycles for a reference point.Moreover, other consumer-debt products are less complex than subprime.
Conduits were issuing short-term paper, with an average maturity of 45 days, to buy collateralised-debt products with a maturity of several years.
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CEO of Professional Science Editing for Scientists @ prosciediting.com