More geeky awesomeness from Marketplace’s Paddy Hirsch. This time he wrestles CLOs, or Collateralized Loan Obligations, into submission, making them understandable even to yours truly. And he gets extra credit for touching on the syndication of loans.
CLOs from Marketplace on Vimeo.
If video doesn’t float your boat, then you can always try Wikipedia’s take on CLOs.
~alex
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