Investors Will Buy Europe’s Bad Bank Toxic Paper March 02, 2010

-- Daniel O’Leary
Toxic paper housed in Europe’s bad banks will find an investor base, according to speakers at a recent structured credit conference in London. Sid Chhabra, London-based London based CLO structure at JPMorgan, told delegates at an Information Management Network and Association for Financial Markets in Europe/European Securitization Forum conference on Monday that the investor base was there. “People… can appreciate the risk and take the risk and there is an investor base that understands ...

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