Commenting on the Abacus CDO case

Commenting on the Abacus CDO case
Commenting on the Abacus CDO case, Wall Street Journal columnist Brett Arends offered the opinion that “as a rule of thumb, the more complex a [financial] product is, the worse the deal.” Do you agree? Why would a more complex financial product be likely to be a worse deal for an investor than a simpler product?

Commenting on the Abacus CDO case