A Tour of Structured Finance Products: The Good, Bad, and Weird
Book: Structured Finance and Collateralized Debt Obligations | Author: Janet M. Tavakoli | Publisher: John Wiley & Sons (2008) | ISBN: 978-0-470-44344-6
Book: Structured Finance and Collateralized Debt Obligations | Author: Janet M. Tavakoli | Publisher: John Wiley & Sons (2008) | ISBN: 978-0-470-44344-6
And now for something completely morbid. That is literally how Wilmott opens Chapter 74. We are talking about life settlements and viaticals. Contracts that are, to put it bluntly, about death.