I saw this article when using the Financial Times app and thought you might be interested:
Financial Times, 9:48pm Monday December 17th, 2012
Corporate credit and the lessons of CPDOs
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By Bill Gross
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At the end of the global credit cycle in 2007, markets were focused on the US subprime crisis and ignoring constant proportion debt obligation
Read the full article at: http://www.ft.com/cms/s/0/6790b362-45dc-11e2-b780-00144feabdc0.html
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