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The Corporate and Investment Banking segment provides fixed, corporate and structures finance services, equity and commodity derivative products, and corporate and transaction banking.
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"The presence of illegal structures financed by Serbia makes our work very difficult there," Mr. Thaci said.
In the space & defense markets, Boeing Capital primarily arranges and structures financing solutions for its Defense, Space & Security government customers.
The division was primarily focused on deals known as structured finance.
"Enron, however, used structured finance to report results it had not achieved".
"The Wall Street banks used structure finance to aid and abet Enron's fraud".
Enron's own trip through bankruptcy is another source of uncertainty for structured finance.
Nothing sent the agencies into high gear as much as the development of structured finance.
"To this day, I still have never fully understood what structured finance is," Mr. Tanzi said.
All of that has evaporated with the implosion of credit markets and structured finance.
They bought much of the short-term debt that propped up structured finance.
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