Odd Lots: The Structured Notes Market Is Booming (Podcast)
The structured products business in the US has gotten very large recently — on track to hit $300 billion in sales this year. That they are all the rage means a once opaque financial product is getting a lot more attention. So what are structured products, exactly, and how are they influencing the economy? In short, structured products are basically a fusion of a bank IOU with a derivative…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
