Synthetics from, The End.... explained

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cat233
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Synthetics from, The End.... explained
Synthetics from, The End.... explained
For those of you who read, The End by Michael Lewis (long, but well worth your time)...  http://www.portfolio.com/news-markets/national-news/portfolio/2008/11/11/The-End-of-Wall-Streets-Boom
This article, Understanding Synthetics by Felix Salmon does an excellent job of explaining synthetic bonds.
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