No. of Recommendations: 2
http://online.wsj.com/article/SB1000087239639044409790457753...
Another great idea from our friends in the world of securitization. Collateralized Rent Obligations, or the much more palatable CRO.
If you can make an acronym out of it, Pool It, Slice & Sell it! Hmmm, I think I just thought of an acronym for that process.
John
Is it too early for a Negra Modelo? It's five o'clock somewhere!
No. of Recommendations: 0
Now if I could only think of a suitable word that starts with K to add to the end of that acronym ...