JPMorgan Sees Record $100 Billion in (Dodgy) Loan Funds

``The business of bundling junk-rated corporate loans into top-rated securities is booming like never before following the implementation of regulation aimed at making the financial system safer.... CLO sales plunged to $2.55 billion in January, the least since July 2012, according to RBS, following the December publication of the final draft of the Volcker Rule. The rule prohibits banks from investing in the debt of CLOs that own bonds. After the market developed funds that adhered to the regulation, sales rebounded in February with $9.4 billion raised that month, RBS data show.'' -- Shovel out the sh*t before the next crash!