Description: The C.L.O., a cousin of the mortgage-related product that malfunctioned a decade ago, has become one of the hottest investments on Wall Street.

Source: NYTimes.com

Date: Oct 18, 2018

Link: https://www.nytimes.com/2018/10/19/business/economy/clo-corporate-loans.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentCollection=business&region=rank&module=package&version=highlights&contentPlacement=1&pgtype=sectionfront

Questions for discussion:

• Summarize what the article says about C.L.O. and the concerns investors should have?
• Do you share these concerns?