3 ms·
The Big Short also has an earlier explanation of a non-synthetic CDO ("we just repackage it [low-quality risky debt] along with a bunch of other shit that didn'
by adhesive_wombat 3y ago
The Big Short also has an earlier explanation of a non-synthetic CDO ("we just repackage it [low-quality risky debt] along with a bunch of other shit that didn't sell and put it into a CDO"):
https://youtu.be/xbiDrzTd8fE?t=260s https://youtu.be/xbiDrzTd8fE?t=260s