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Search for:     ' cdo '   yielded 2 results

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Clarke and Dawe: on the RBA
John Clarke and Bryan Dawe with their take on the inner workings of the Reserve Bank.
tags clarke  dawe  Marketplace  comic  duo  reserve  bank  banking  cdo  corporate  debt  offering 
Channels: Humor  Educational  Money & Politics 
Added: 730 days ago by dick
Runtime: 02:37 | Views: 570 | Comments: 0
    
Financial Crisis: Visual Explanation
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.

Looks quite a bit like a pyramid scheme to me...

(See Wikipedia for definitions of: Ponzi Scheme and Pyramid Scheme)
tags Marketplace  money  financial  crisis  cdo  corporate  debt  offering  corrupt  manager  CEO  stupid  decisions  collateralized  obligations  business 
Channels: Educational  Special Interests  Money & Politics 
Added: 513 days ago by dick
Runtime: 06:07 | Views: 635 | Comments: 0
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