Douglas J. Lucas & Laurie S. Goodman 
Collateralized Debt Obligations 
Structures and Analysis

Since first edition’s publication, the CDO market has seen
tremendous growth. As of 2005, $1.1 trillion of CDOs were
outstanding — making them the fastest-growing investment vehicle
of the last decade. To help you keep up with this expanding market
and its various instruments, Douglas Lucas, Laurie Goodman, and
Frank Fabozzi have collaborated to bring you this fully revised and
up-to-date new edition of Collateralized Debt Obligations.
Written in a clear and accessible style, this valuable resource
provides critical information regarding the evolving nature of the
CDO market. You’ll find in-depth insights gleaned from years of
investment and credit experience as well as the examination of a
wide range of issues, including cash CDOs, loans and CLOs,
structured finance CDOs and collateral review, emerging market and
market value CDOs, and synthetic CDOs. Use this book as your guide
and take advantage of this dynamic market and its products.

About the author

DOUGLAS J. LUCAS is Executive Director and Head of CDO Research at UBS. He is also Chairman of The Bond Market Association’s CDO Research Committee and ranked top three in CDO research in the Institutional Investor’s fixed income analyst survey. Lucas has been involved in the CDO market for nearly two decades, having developed Moody’s rating methodology for CDOs in 1989.

LAURIE S. GOODMAN, PHD, is Managing Director and co-Head of Global Fixed Income Research at UBS. She manages U.S. Securitized Products and Treasury/Agency/Derivatives Research. Goodman has worked on Wall Street for over twenty years and is well regarded by the investor community, having won more #1 slots on the Institutional Investor All-American Fixed Income Team than any other analyst.

FRANK J. FABOZZI, PHD, CFA, CPA, is an Adjunct Professor of Finance and Becton Fellow at Yale University’s School of Management and a Fellow of the International Center for Finance. Fabozzi is the Editor of the Journal of Portfolio Management.