Collateralised debt obligation: Difference between revisions
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Amwelladmin (talk | contribs) m (Amwelladmin moved page CDO to Collateralised debt obligation) |
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Revision as of 17:08, 13 October 2020
Collateralised debt obligation — three words which taken separately seem harmless and rather nice, but when put together convoke Satan and all his hellish angels of leverage. when bundled together and sliced up, make a CDO squared which really is the stuff of nightmares.