ext_12992 ([identity profile] osewalrus.livejournal.com) wrote in [personal profile] hudebnik 2009-09-07 08:04 pm (UTC)

But what's great is that it creates "pools of insurance policies" that allow you to "collateralize debt/risk" so that you can capture all the value and minimize the risk. And we can even further minimize risk by taking derivatives on the CDOs.

Cool, huh? I wonder why no one tried this before . . . .

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