Hints and tips:
...“The markets don’t really need a Lehman or even Lehman-lite event for a credit dislocation,” says Manish Kapoor, managing principal at hedge fund West Wheelock Capital....
...“TRS allows you to rent balance sheet from a counterparty with a lower cost of funding and engage in funding cost arbitrage,” said Manish Kapoor, managing principal at West Wheelock Capital....
...Michael Solomon spent the evening of his 47th birthday partying with Jefferies bankers at the securitisation industry’s annual gathering in Miami, Florida....
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