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brooklyn13

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brooklyn13

Re: carusso post# 233940

Wednesday, 04/05/2023 2:01:54 PM

Wednesday, April 05, 2023 2:01:54 PM

Post# of 235061
"A collateralized debt obligation (CDO) is a complex structured finance product that is backed by a pool of loans and other assets and sold to institutional investors. A CDO is a particular type of derivative because, as its name implies, its value is derived from another underlying asset."

https://www.investopedia.com/ask/answers/032315/were-collateralized-debt-obligations-cdo-responsible-2008-financial-crisis.asp
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