As you can see from the article below this guy's cup of tea
is subprime backed CDO’s. I find his
name, Donald Puglisi, in Melco’s fillings as far back as
2006; so my question is: how likely is it that this guy wasn’t hired for his Structured
Finance expertise? Take this together
with the billion dollar “Project”, distressed debt players Oaktree and Silverpoint
capital undertook for Melco, along with investment Banks lending and structuring
deals for melco which bear a strikingly resemblance to how CDO’s are financed,
ramped up, and managed ***9-6-2012 Update for Muddy Waters (See below)
