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Which of the following was not one of the effects of the use of CDOs with respect to the 2008 financial crisis: a. Globalization of
Which of the following was not one of the effects of the use of CDOs with respect to the 2008 financial crisis:
a. Globalization of the risk
- Moving the risk out of a single bank allowed local banks more participation
- Use of tranches allowed better allocation of risk
- Keeping third parties from fully understanding the nature of the investment
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
9781119563099
