Financial Engineering Is Resembling Pre-Crisis Era, Pimco Warns
The rapid expansion of complex credit structures is reminiscent of the buildup ahead of the global financial crisis, Pacific Investment Management Co.’s Dan Ivascyn warned.
Original Source
Read the full article at Financialpost →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.