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Reply #10: What percentage even knows what a synthetic collateralized debt obligation is? [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

Taitertots

(1000+ posts) Send PM | Profile | Ignore

Sat May-01-10 02:38 AM
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10. What percentage even knows what a synthetic collateralized debt obligation is?

There is almost no question that what Goldman Sachs did was unethical and illegal. They took a bunch of money and lied about the composition of their CDOs. Anyone who thinks they didn't do anything wrong is an idiot.

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