In Rope-A-Dope 101, we said there are five ways to mask the credit quality of a structured bond, that it is done by manipulating an “invisible” boundary where the consequences of being on one side or the other are not symmetrical, and that the boundary is only invisible to the investor. In Rope-A-Dope 201-205, we […]
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R&R Consulting is a standards firm for debt capital markets with a balanced emphasis on risk-responsibility and value creation at each link in the global supply chain of debt capital. Read more...Cybernetic Finance
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