Tuesday 17 March 2009

CDOs again




(Click on graphic to enlarge.) Here is a striking graphic to go with my earlier posting about how much the value of these mortgage backed securities has fallen (and just how many of these things there are). It comes from an article by Gillian Tett in this weekend's FT which has a nice discussion of the minor matter of where the world's financial system went wrong.

No comments:

Post a Comment