Posts Tagged ‘CDOs’

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    JPMorgan Chase and Financial Innovation

    May 11, 12 • 191 Views • Economic History, Financial Markets, Innovation, Money and Monetary Policy, Regulation, UncategorizedNo Comments

    In Boca Raton, Florida, during the early 1990s, a group of JP Morgan bankers gathered for an “offsite” weekend. Have some fun, get some sun, do some brainstorming. They had hoped to create a new product. And they did. Their new product involved...

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    Max Bialystock and CDOs

    Apr 27, 10 • 112 Views • Businesses, Demand, Supply, and Markets, Financial Markets, RegulationNo Comments

    Comparing the deal to Bialystock, Bloom, and Springtime For Hitler in The Producers, NPR’s This American Life looked at how a Chicago hedge fund made money on seemingly unprofitable CDO transactions. Available as a podcast, the...