collateralized loan obligations
2 episodes mention this concept
NewEconomicThinkingJul 3, 2019Non-Bank Lending, Credit Cycles, and Systemic Risk in the Current Economic Expansion
FinanceBank capital ratiosCorporate creditLeveraged loan marketCovenant-light loans
NewEconomicThinkingDec 7, 2017Doubling Down on Failure: Subsidizing One-Way Bets and the Re-Emergence of Financial Instability
EconomicsOne-way betsCatastrophic financial crashDeregulationZombie banks