Christmas time came five weeks ago the first time for our Tim. And as it's tradition in Germany there have to be a lot of presents for kids. So this was one of the presents which Timmy got on 24th December 2010 - the little Tikes Caterpillar xylophone (to be continued soon).
CDO - the atomic weapons of the financial world
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Short explanation of CDO's (Collateralized debt obligations):
A CDO is a package of many mortgages of different house owners, often even
from different ban...
9 years ago
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