Greenspan Sees `Rethinking' on CDOs After Losses (Update2)
Story date: 2007-10-02 06:20:00
Added on: 2007-10-02 07:00:18
Bloomberg - CDOs are created by packaging bonds, loans or credit-default swaps and using their income to pay investors interest ... As many as 40 percent of managers focused only on asset- or mortgage-backed bonds may be ``impaired,'' Fitch said. Bank of ...
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