[lbo-talk] Crisis Acronyms

D. T. cochrane dtc at yorku.ca
Sat Aug 15 11:19:59 PDT 2009


What acronyms can people think of that have been associated with the subprime crisis? Here are a few off the top of my head:

CDO: collateralized debt obligation CDS: credit default swap ABS: asset backed security MBS: mortgage backed security

Are these acronyms just about simplification and efficiency, or are they consciously a means of befuddling outsiders?

Troy



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