Posted on May 13, 2009

Uncorking CDO’s (Collateralized Debt Obligations)

Have you ever wondered what the heck is a CDO anyway?  Or how did CDO’s bring down the world’s greatest economy and lead to a worldwide financial crisis?  This is a great demonstration of how CDO’s work and how they were related to the financial crisis.

By Tom Beisner, CPA, May 13, 2009
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