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now that merrill is selling CDO's at a big discount, is there a way for a reglar guy to get in on the firesale
most of the CDO's have to have actual cash flows that make them worth more than 22 cents on the dollar. i see big profits for the outfits that buy them. i want in.
1 Answer
- 1 decade agoFavorite Answer
how many billions do you have?
i don't think you can get 1 or 2, but if anyone knows how... certainly also very interested in learning how to go direct without the daisy chains of fools.
sounds like it may turn into that REO crap.
I recommend avoiding putting out your LOI and full financials for a CDO CBO MBS 'broker' who can 'shop for your best deal' ala bulk REO .