How to use CDO in a sentence
Investors stopped buying CDO pieces, and trading desks stopped making markets in them.
The CDO pitch: House prices will always go up, and thus subprime CDOs will always hold value.
Now imagine something much more complicated than a bicycle—say, a synthetic CDO like the one at issue in the SEC-Goldman case.
Perhaps most damaging to the SEC's position: IKB claimed it carefully looked at the CDO pools in which it invested.
"CDO pools are examined with a drill down to underlying assets and stress testing of the underlying asset pools," IKB bragged.
The diphthongs and œ are sounded like e: as cdo, pronounced ce'do.New Word-Analysis|William Swinton