For those who don’t have background in finance, just like us, you might be wondering what CDO (Collateralized Debt Obligation) or CDS (Credit Default Swap) is. We heard about these terms in our last recession. If you are just like us, the two videos below from MarketPlace might help to understand what CDO and CDS are.

Crisis explainer: Uncorking CDOs from Marketplace on Vimeo.

Untangling credit default swaps from Marketplace on Vimeo.

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