If you work in finance or know enough about banking, can someone answer this question? Where can i learn about how the process of structured finance works regarding the details of buying and selling, and all of the things that are done in conjunction with buying and selling structured finance securities? Im aware that financial institutions trade the writes to collect other peoples debt in exchange for quick cash, after these debts are bundled up and often attached with a stock option to hedge potential defaults, and this is generally done in the risk department of corporate entities, between various banks, venture capital firms, pension funds, IBs, etc. But I want to interview someone who worked in the industry before so i can understand more the exact routine and process, and what goes into selection, and how business partners are chosen etc
If you work in finance or know enough about banking, can someone answer this question?
Where can i learn about how the process of structured finance works regarding the details of buying and selling, and all of the things that are done in conjunction with buying and selling structured finance securities?
Im aware that financial institutions trade the writes to collect other peoples debt in exchange for quick cash, after these debts are bundled up and often attached with a stock option to hedge potential defaults, and this is generally done in the risk department of corporate entities, between various banks, venture capital firms, pension funds, IBs, etc.
But I want to interview someone who worked in the industry before so i can understand more the exact routine and process, and what goes into selection, and how business partners are chosen etc
Isn't what you've just described called "asset-backed commercial paper"?