Risk Management Re-visited: Deutsche CDO trades...What's the big deal?
Published Thursday, April 20, 2006 by Money Man Mike | E-mail this post
Yes there are more compliance and risk managers than ever-but more is not necessarily better.Yes you have much better quantification of risk through fancy Value at Risk models, but after the day this is not much use. The reason for this is not, as the financial press would have you believe, because these are complex, exotic financial instruments.
Tagged: Bonds
