Tag Archives: subprime
cdo and the economic crisis
Cdo are nothing more than structured bonds. To be clearer of packages that is issued by a bank and other debts in seeking an investor to cover them. But there is one small problem: in containing any type of debt, the subprime.
So happens that a bank that wants funding emits these Cdo seeking credit, promising [...]
The subprime loans
The subprime loans also called junk or are loans granted to people less well off and therefore subject to a high risk of insolvency.
In Italy, as we all know, banks are very cautious in granting such loans, and many want guarantees, but in America perhaps the phenomenon has spread a little ‘too much.
In fact too [...]
