As they say at Marketplace Whiteboard:
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.
THE OWLS' NEST - Mostly U.S. Politics
Monday, July 11, 2011
CDOs Explained
Sorry, I couldn't get the code to copy properly; click on the title above to access a video at Marketplace that is a simple explanation of a complex subject: CDOs (collateralized debt obligations), which turned a housing slump into a catastrophe.
As they say at Marketplace Whiteboard:
As they say at Marketplace Whiteboard:
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