Collateralized debt obligations are exotic financial instruments that can be hard to understand. Learn the role they played in the 2008 financial crisis.

A collateralized debt obligation (CDO) is a complex financial product backed by a pool of loans and other assets and sold to institutional investors.

A collateralized debt obligation squared is a special purpose vehicle (SPV) with securitization payments backed by CDO tranches.

Both MBS and CDOs are fixed-income securities: They consist of a bundled group of individual assets—mainly various types of loans and other debt—that, bond-like ...

A financial crisis is a situation where the value of assets drop rapidly and is often triggered by a panic or a run on banks.

A synthetic CDO is a collateralized debt obligation that invests in credit default swaps or other non-cash assets to gain exposure to fixed income.

A collateralized debt obligation is a structured financial product that is backed by a pool of loans and other assets. Because CDO-cubeds are a derivative of a ...

The 2008 financial crisis was an epic financial and economic collapse that cost many ordinary people their jobs, their life savings, their homes, or all three.