3 ms·
CDOs were not fraud. They were legal. They were just extremely stupid and unethical, like some (but not all) crypto.
by bradwood 4y ago
CDOs were not fraud. They were legal. They were just extremely stupid and unethical, like some (but not all) crypto.
- jqpabc123 4y agoJust because its legal doesn't mean it's not a fraud --- crypto and CDOs included. As you point out, CDOs were actually based on real assets with way more plausibility than crypto which is based on --- electrons.