If the ABCs of the financial meltdown leave your head spinning -- if "default swaps" and "collateralized debt obligations" and "high-rated tranches" are all just so much gobbledygook -- don't worry.
You're not alone.
collateralized debt obligationsHow Wall Street's Scam Artists Turned Home Mortgages Into Econom...Newsvine - business Sun, 10/19/2008 - 02:26
If the ABCs of the financial meltdown leave your head spinning -- if "default swaps" and "collateralized debt obligations" and "high-rated tranches" are all just so much gobbledygook -- don't worry. |