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explain in an easier way ABSs ABS CDO Subprime Mortgages Senior Tranches (75%) AAA Senior Tranche (75%) AAA Mezzanine Tranches (20%) BBB Mezzanine Tranche (20%)

explain in an easier way

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ABSs ABS CDO Subprime Mortgages Senior Tranches (75%) AAA Senior Tranche (75%) AAA Mezzanine Tranches (20%) BBB Mezzanine Tranche (20%) BBB Equity Tranches (5%) Not Rated Equity Tranche (5%)

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