When the craze for CPDOs erupted in financial markets in late 2006, some observers quipped that these new products were like something out of a sci-fi blockbuster.
Ratings agencies
CPDOs expose ratings flaw at Moody’s
By Sam Jones, Gillian Tett and Paul J Davies
Published: May 20 2008 23:36 | Last updated: May 20 2008 23:36
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