Der Vortrag „Orange County“ von Edu Pristine ist Bestandteil des Kurses „ARCHIV Case Study: PRM“. Der Vortrag ist dabei in folgende Kapitel unterteilt:
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... generate good returns. Citron invested heavily in inverse-floater debt instruments. In 1994, when US Fed increased interest rates, value of inverse floaters declined substantially (because interest earned on inverse floater decrease when floating rate increases). His position were speculative as he was betting that interest rates would not increase. Investments were highly leveraged as well. This was done by raising ...