David Schwartz, a researcher of collateralized debt obligations at Morgan Stanley in New York, has left the firm. Schwartz researched synthetic CDOs, as well as structures backed by asset-backed securities and real estate, according to an official in New York.
Chip Schorin, head of ABS research in New York to whom Schwartz reported, did not return calls. The official added that Schwartz, who could not be reached, will likely be replaced.
