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Tag: Goldman Sachs

The ghosts of Hammersmith & Fulham – The return of toxic council derivatives

Posted on March 13, 2015June 29, 2016 by DRUK

OUR GUIDE TO LOBOS

WHAT IS A LOBO LOAN

LOBO (Lender Option, Borrower Option) loans are “teaser rate” loans containing derivatives provided by banks to public authorities.

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