3 ms·
CDOs could be more vulnerable to corrupt practices than other systems. The US banking system could be too corrupt to safely employ CDOs in the long-term. This
by vsareto 7y ago
CDOs could be more vulnerable to corrupt practices than other systems. The US banking system could be too corrupt to safely employ CDOs in the long-term.
This is difficult to put into theory because corruption is difficult to measure, but I think we've all seen one example already. It wouldn't be the first thing that's great in theory but not in practice.