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How does the securitization food chain lead to a lack of accountability among mortgage lenders and retail banks? How did Collateralized Debt Obligation (CDO) put

  1. How does the securitization food chain lead to a lack of accountability among mortgage lenders and retail banks?
  2. How did Collateralized Debt Obligation (CDO) put institutional investors, like pension funds, at risk of losing significant amounts of money among their pension contributors?
  3. How does a Credit Default Swap (CDS) differ from traditional insurance?

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