Buszko, Michal - In: Acta Universitatis Nicolai Copernici, Ekonomia 41 (2010), pp. 141-158
Collateralized debt obligations (CDO) are new, innovative products available to institutional investors on the global financial markets. Their development is strictly related to the subprime loans expansion. In the recent years CDO have become a financial tool of transferring worldwide a risk of...