Sunday, July 11, 2010

Financial derivatives, their rise and rise


From ABC Radio National: Many of the large collapses during the global financial crisis were finance companies dealing in exotic financial instruments such as Collateralised Debt Obligations - CDOs. CDOs are a form of derivative, a trading tool with a long and chequered history. We trace the origin and purpose of derivatives and how they became so large and dangerous....listen here

No comments:

Post a Comment