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I hear you ask, what’s C.D.O?
Answer: Collateralized Debt Obligations,
or the stinking pile of rubbish associated with the Sub Prime Loans shamozzle.
What’s a C.D.O.? uses flash, water, buckets and pipes in a clever presentation that make’s you feel smarter, or more depressed, about the whole business.
It’s so simple even Paul Krugman gets it.
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