How did CDOs cause the financial crisis?

Related questions

1. What does CDO position stand for?
2. What does a digital director do?
3. What should a CTO do?
4. What is a CAO in business?
5. What is a CTO responsible for?
6. Is OCD a severe mental illness?
7. What is a CTO salary?
8. What does a CDO analyst do?
9. What is the difference between CDO and MBS?
10. What is a CDO position?

Tags

1. #backed
2. #caused
3. #bought
4. #upside
5. #mortgages
6. #refused
7. #started
8. #money
9. #other
10. #prices
11. #panic
12. #their
13. #securities
14. #mortgage
15. #south
16. #because
17. #crisis
18. #balance
19. #banks
20. #housing
21. #homes
22. #banking
23. #sheet
24. #return
25. #first