Absolutely true that a CDO is more obfuscated in terms of its actual structure. Pre-crash I don't pretend I would have spotted the risk (because my stats knowle

Absolutely true that a CDO is more obfuscated in terms of its actual structure. Pre-crash I don't pretend I would have spotted the risk (because my stats knowledge is meh on a good day). I would say though that WeWork's insistence that it's a "tech company" is an obfuscation at the social/marketing level. This appears to be working somewhat, as evidenced by the various "Is WeWork a tech company?" articles [0]. Even though this time the trick seems to have been caught early it doesn't make it different in nature, just in how well it worked. [0] https://stratechery.com/2019/what-is-a-tech-company/ https://stratechery.com/2019/what-is-a-tech-company/ https://hbr.org/2019/08/no-wework-isnt-a-tech-company-heres-why-that-matters https://hbr.org/2019/08/no-wework-isnt-a-tech-company-heres-... https://www.builtinnyc.com/2019/03/11/spotlight-working-at-wework-digital-tech https://www.builtinnyc.com/2019/03/11/spotlight-working-at-w... (had to find someone with a vested interest to provide an affirmative answer)