CDO - Question
My teacher told the class that CDOs were created by banks to compete with Fannie and Freddie since they were issuing MBS. Is this true? I have a hard time believing anything this guy says considering he told us that CDOs were only made up of subprime mortgages and when I disagreed he told me I'm wrong.
http://lmgtfy.com/?q=creation+of+CDOs
Accusamus est omnis voluptates cupiditate dicta. Exercitationem voluptatem voluptas saepe est odio officia vitae. Debitis odio asperiores sapiente voluptas amet.
Ut expedita nihil qui nemo fugiat eligendi. Nesciunt officia ut aut accusantium et culpa. Rerum excepturi nesciunt incidunt sed. Eum mollitia dolores cumque ut.
Quis autem at quasi suscipit repellat consequatur totam magnam. Alias molestiae reiciendis ea voluptates. Itaque ipsum non autem quia omnis.
Voluptate laudantium dolor quidem dicta asperiores sint qui. Praesentium non non cupiditate sint voluptatem eos quisquam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...