Toxic Debt And How It Affects Your Investments

by Admin on June 1, 2007



Bloomberg-Clip – (BLOOM-Clip)
Jun. 01, 2007. 12:00 PM EST
Sales of CDOs Up Fivefold in Last 3 Years; CDO Boom Masks Subprime Losses; Riskiest Parts Refered to as “Toxic Waste”; CDO Sales Hit $503 Billion Last Year, Up Six Times From ’04; Ratings Firms: Policing CDOs Isn’t Their Job


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