Collateralized debt obligations consist of home loans pooled with other loans, such as car loans, credit card
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Collateralized debt obligations consist of home loans pooled with other loans, such as car loans, credit card debt, and student loans, which are carved into tranches and securitized by the investment banks.
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Related Book For
Detecting Accounting Fraud Analysis And Ethics Global Edition
ISBN: 9781292059402
1st Global Edition
Authors: Cecil W. Jackson
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