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Are CDOs still being sold?
What is CDOs in simple terms?
How did CDOs cause the financial crisis?
What were speculators and what were they trying to do?
A collateralized debt obligation (CDO) is a complex financial product backed by a pool of loans and other assets and sold to institutional investors.
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CDOs are structured debt instruments and when comprised of mortgages are known as mortgage-backed securities (MBS).
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