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Structured Finance
ertise. From an investor perspective, structured finance has allowed for a more widely diversified population of investment alternatives from which to choose, with varying degrees of credit, interest rate, or prepayment risks from which to choose. In short, when properly structured, these are legitimate transactions meeting important business and economic needs. The Enron transactions were immoral, unusual transactions designed to take risk rather than ameliorate it, entirely unlike the vast majority of legitimate structured fin
