Market Wrestles With The Size Of Distressed ABS CDO Mart

12 Oct 2007

Distressed debt funds are gearing up as trouble still simmers in the asset-backed securities collateralized debt obligation market, but investors and analysts are struggling to gauge just how much distressed paper is on the way.

--Aaron Johnson

Distressed debt funds are gearing up as trouble still simmers in the asset-backed securities collateralized debt obligation market, but investors and analysts are struggling to gauge just how much distressed paper is on the way. Roughly .05% of the $400-450 billion mezzanine and high grade paper has ...

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