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Thread: Explanation of CDOs and CDSs

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    Default Explanation of CDOs and CDSs

    http://vimeo.com/1876936

    http://vimeo.com/1915392

    So does it mean that ALL of the financial institutions including banks, brokerages, mutual and pension funds ALL OVER THE WORLD are insolvent???

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    Default Re: Explanation of CDOs and CDSs

    not all of them. The ones that have Saudi / Russian oil money and Chinese / Japanese trade surplus money at least have a source of new funds that is independent of taxpayers !!!

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