Is it for real???

If that's for real, then what else can be not faked?

"In the meantime, big investment banks have been showing how much they learned from the financial crisis by repackaging their CDOs (collateralized debt obligations) as CLOs (collateralized loan obligations) and trying to get them off their books. Lehman Brothers (LEH: 44.60 +0.55 +1.25%) is the latest in joining the game, creating the “Freedom CLO” which will hopefully free it of its CDOs and bring it into the bright new future of CLOs.

It all sounds a bit like a late April Fool’s joke: banks hoping to rid themselves of toxic CDOs they hold by repackaging them as CLOs. But Lehman is not alone; Deutsche Bank (DB: 119.75 +2.01 +1.71%) and Credit Suisse (CS: 57.03 +1.00 +1.78%) have also been busy converting CDOs into CLOs. It will be interesting to see whether there is actually any take up for these products now that they’ve been renamed, or whether investors will see through this blatant attempt at dumping their CDOs and other bad debts." from GraceCheng.com.