Great explanation of “CDS”s & “CDO”s

Posted on by Evan in Miscellaneous

We watched this video in my financial planning class this past Saturday.  This guy does a great job of explaining what a Credit Default Swap (CDS) and Credit Default Obligation (CDO) are.  The presenter also does a nice job of showing how a tangled web of these derivative contracts can lead to heightened systematic risk.  I learned a thing or two from it….