衍生品展示汀.pdfVIP

Background A hedge fund, Paulson Co, earned over 1 billion dollar during 2008 subprime mortgage crisis with the help of Goldman Sachs by setting a big trap – a Synthetic CDO named Abacus 2007-AC1 Background The global finance experienced a terrible time at 2008 subprime mortgage crisis… Derivatives in subprime mortgage crisis To understand Abacus 2007-AC1 better, we intend to introduce the derivatives in the 2008 subprime mortgage crisis firstly RMBS CDO CDS Residential Mortgage- C