CDO-Squared
id:
cdo-squared-256-8255906
title:
CDO-Squared
text:
CDO-Squared is a collateralized debt obligation backed primarily by the tranches issued by other CDOs. These instruments became popular before the financial crisis of 2007–08. There were 36 CDO-Squared deals made in 2005, 48 in 2006 and 41 in 2007. Merrill Lynch was a big producer, creating and selling 11 of them. The collapse of the market for collateralized debt obligations and CDO-Squared contributed to the 2008 subprime mortgage crisis. Goldman Sachs
appears to be the last bank to hold CDOs-
brand slug:
wiki
category slug:
encyclopedia
description:
Financial product backed by tranches from other CDOs
original url:
https://en.wikipedia.org/wiki/CDO-Squared
date created:
date modified:
2023-09-12T10:53:12Z
main entity:
{"identifier":"Q16858560","url":"https://www.wikidata.org/entity/Q16858560"}
image:
fields total:
13
integrity:
14