Archive for August 6th, 2007

Daily Archive
Monday, August 6th, 2007

101 Guide to the CDO Rating Process

Ever wondered about the rating process involved in transforming sub-prime mortgages into AAA collateralized debt obligations (CDOs)? Nothing can be easier, at least not the way it is explained below. (If the diagram appears a bit faint, that is a characteristic of the process!)

Source: Sarasin Chiswell

1 Comment » - Posted in Markets, Money, Wall Street, Investment, Housing, Business, Economy, Finance, Bonds by Prieur du Plessis