Tavakoli Structured Finance LLC

Janet Tavakoli Explains Predatory Subprime Loans on CNBC

Janet Tavakoli, President of Tavakoli Structured Finance and expert witness, explains predatory lending to CNBC. Banks stuffed predatory high-risk loans into built-to-fail collateralized debt obligations with phony ratings. Tavakoli is the author of Structured Finance and Collateralized Debt Obligations, the first trade book to explain the flaws and misuse of these securitizations.

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