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Crisis explainer: Uncorking CDOs

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.

Whiteboard Uncorking CDOs
Whiteboard Uncorking CDOs
Marketplace

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.

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