( 二) 次贷危机形成的独特因素 次贷危机有别于以往危机的最突出特点是 信贷结构产品 ( Credit Structured Products) 和发 起- 分销 ( Origination-and-Distribution, O&D) 商业模式在危机形成中所起的作用。
基于8个网页-相关网页
当然,在最近的信贷泡沫中,大型投行看上去像是典型的局内人:用没有几个人能真正理解的复杂结构性产品来糊弄人。
Certainly, in the latest credit bubble the big investment Banks look like classic insiders, selling pups in the form of complex structured products that few really understood.
例如,美林在7月以22%的账面价值(低于当初入账的价格)卖了一个巨大的结构性信贷产品的资产组合。
For example, in July Merrill Lynch sold a big structured-credit portfolio at 22% of its face value-less than what was entered on its balance sheet.
应用推荐