• @[email protected]
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    fedilink
    56 months ago

    From TFA (the fine article):

    As for the title: a CDO is a financial instrument that became pretty infamous during the financial crisis of 2007. An entertaining explanation of that can be found in “The Big Short”.

    Its the last sentence of the article as a footnote with a wikipedia link to a page about CDO.

    • Eager Eagle
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      English
      3
      edit-2
      6 months ago

      and it doesn’t explain what the acronym stands for, or what it’s for