The key difference between a cash and synthetic CDO is: instead of selling the reference portfolio (loans), the originator (bank) purchases credit protection with credit...
A balance sheet CDO transfers credit risk from the bank (originator) to investors. A key aspect of a CDO is that investors have different (tranched)...
This small clip, from the excellent documentary INSIDE JOB, explains in easy-to-understand terms how Collateralized Debt Obligations, or CDO derivatives, were instrumental to the global...
www.cakefinancial.com Collateralized debt obligations, also called CDOs, may sound complicated—but they really aren’t. CDOs are simply a type of security, like a stock or a...
Subprime the Musical- Series of light-hearted podcasts designed to explain the Subprime Mortgage Crisis. To learn more visit: www.subprimethemusical.wordpress.com E-mail: moneyandsociety@gmail.com Some slides move a...
