chinaco
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Feb 14, 2007
- Messages
- 5,072
Oops the title should read Synthetic CDOs.
Looks like many signed up that should not have done so. The problem is that these people were taking risks with other people's money on bets they knew nothing about.
Looks like many signed up that should not have done so. The problem is that these people were taking risks with other people's money on bets they knew nothing about.
Insurance Deals Spread Pain of U.S. Defaults World-Wide - WSJ.comPARKES, Australia -- In this town of 10,000 in what Australians call "the bush," administrator Alan McCormack has a headache. The county council is poised to lose millions of dollars if more U.S. companies succumb to a deepening recession...
Last edited: