![Pages from CLOs Are Simply Not a Source of Systemic Risk to the Banking System](https://www.lsta.org/app/uploads/2020/07/Pages-from-CLOs-Are-Simply-Not-a-Source-of-Systemic-Risk-to-the-Banking-System-791x1024.jpg)
A recent internet meme posits that the U.S. banking system is on the precipice of collapse. Today’s catalyst,the Collateralized Loan Obligation or CLO, the theory goes, bears a resemblance to the similarly named CDO, which played a role in the 2008 financial crisis.
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File | CLOs-Are-Simply-Not-a-Source-of-Systemic-Risk-to-the-Banking-System.pdf |
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