There’s a wonderful set of flash based illustrations of how CDOs are put together as an online companion that goes with the must read front page WSJ article this morning: Wall Street Wizardry Amplified Credit Crisis
Very nicely done!
Wall Street Wizardry Amplified Credit Crisis
A CDO Called Norma Left ‘Hairball of Risk’;
Tailored by Merrill Lynch
CARRICK MOLLENKAMP and SERENA NG
WSJ, December 27, 2007; Page A1
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