here we go
I’m long rawraw.
““If you could create a synthetic product that mimics all the features of a P2P loan and had the same risk and yield tradeoff, there would be a lot of demand to buy that paper,”
Yum, synthetics!
What could go wrong really? It’s for those seeking to hedge their exposure. They won’t sell P2P derivatives to any hedge funds that would leverage 40:1 and blow up. Would they?