Want to Own a Warhol? Now, You Can Buy a Piece of One

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excerpt “Securitization makes sense when there’s cash flow generated by the underlying assets,” said Steven L. Schwarcz, a professor at Duke University’s School of Law. “What that does is provide a mechanism for the investor to be paid if the investor can’t sell the securities since many don’t have a robust, if any, secondary market.” on 10/18/2019, 3:20:36 PM