This is a terrific book for anyone, any level of competency that wants to or needs to now about collateralized debt obligations and structured finance; particularly new developments in cash and synthetic securtizations.The author is so insightful and clever in explaining these complicated financial instruments it is almost beyond words; as well as beautiful and articulate.This book would be an excellent stocking stuffer for any financial risk management professional or as an office gift for any support staff or assistants.This magnum opus is an excellent reference book with solid and consistent definitions, descriptions and real world examples.No doubt this financial treatise by Tavakoli will become the textbook of choice for any graduate school developing a curriculum on financial risk management.If it was possible to give this book ten (10) stars, I would.Click Here to see more reviews about: Collateralized Debt Obligations and Structured Finance : New Developments in Cash and Synthetic Securitization (Hardcover)
