Photographer: Chip Chipman/Bloomberg
Like some of Wall Street's clients, salmon return to their spawning grounds, where they are caught and smoked.
A perfect study in Wall Street 's Law of Eternal Return: as Fed buying ends and mortgages slip, property-backed CDOs -- pools of sliced and diced mortgage loans -- are suddenly back.
Follow Bloomberg NewsFacebook TwitterRSS
Share of Yahoo's $1.1 Billion purchase price that goes to Tumblr founder David Karp:
The Market Now features new angles and approaches to the news that drives U.S. and global markets. You can subscribe here to get TMN's newsletter in your inbox each day.
Commentary or analyses in this blog are the views of authors and/or commentators, and do not necessarily reflect the views of Bloomberg News.