Previously, in Collateral Debt Obligation?turning rotten meat into delicious beef steak, we explained how CDOs work. For those who are more  visually inclined (as oppose to ‘literary inclined’), we recommend this Flash demonstration from the Wall Street Journal that shows how CDOs work.

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This entry was posted on Friday, December 28th, 2007 at 12:31 pm and is filed under Market Observations. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.