Thursday, June 23, 2011

Holy Crap: If You Thought the Finance Biz Reached Its Creative Apex With Swaptions on Sub-prime CDO's...

From FT Alphaville:

China and the magic financing (soy)beanstalk
Whoah…
Did you think commodity collateral shenanigans had been rumbled and stopped by China’s authorities?
Well, seems you’d be wrong....MORE