Collateralized Debt Obligation For Beginners

[moneyandsociety]

@cliffb42 and @superorchestra- I have seen inside job and crisis of credit. Both of those do an oversimplified explanation of CDOS as well which are not entirely accurate. This video was not supposed to be called CDOs, it was meant to be about CMOs. And also many CMOS could consist of only prime mortgages, but they also could have subprime/alt A characteristics. These terms are difficult to define.

[Superorchestra]

THIS IS MISLEADING! SEE :INSIDE JOB DERIVATIVES

[cliffb42]

You know, this video would be really good, if it wasn't overly simplistic, which ends up making it wrong...

[djguy100]

@cliffb42 Perhaps you will make a better video then?

[cliffb42]

@djguy100 There already is one at crisisofcredit (dot) com

[parv100]

What a fantastic presentation of a complicated subject. Well Done !!

[heracles89]

Thank you!

[Intervene]

Brilliantly explained. Thanks.