| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5089121 | Journal of Banking & Finance | 2013 | 12 Pages |
Abstract
⺠The Magnetar trade is an arbitrage strategy on the US housing market, using CDOs. ⺠The hedge fund Magnetar presumably helped creating CDOs that are designed to fail. ⺠The paper provides evidence that Magnetar-sponsored CDOs are indeed overly risky. ⺠Initial tranche ratings and yield spreads reflect this higher riskiness.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Thomas Mählmann,