Uncorking CDOs (Collateralized Debt Obligations)
Marketplace Senior Editor Paddy Hirsch gives a bubbly explanation of the intricacies of collateralized debt obligations – those financial instruments that got us into this financial mess. [Hat tip to FinanceProfessor.com]
Also included is an excellent video presentation by Jonathan Jarvis which explains the credit crisis.
Content: Multimedia Content | Author: Paddy Hirsch | Source: Marketplace | Subject: Finance