Examples of using Cdos in English and their translations into Hungarian
{-}
-
Colloquial
-
Official
-
Medicine
-
Ecclesiastic
-
Financial
-
Programming
-
Official/political
-
Computer
I do most of Merrill Lynch's CDOs.
You can see that the CDOs are worth zero!
What are the most common challenges facing CDOs?
Are they downgrading the CDOs and mortgage bonds?
But if the CDOs later went bad, AIG would be on the hook.
The investment banks then sold the CDOs to investors.
And then there's CDOs made up of the opposite side of the bet you made with your swaps.
Mortgage delinquencies went up and the CDOs got more valuable.
CDOs are securities backed by bonds, loans or other assets.
So mortgage bonds are dog shit, CDOs are dog shit wrapped in cat shit.
And so the CDOs that you create are of the highest quality and the highest value.
The focus of the examination was theway in which the CRAs had rated RMBS and CDOs.
Okay, so, you know, Vennett mentions the CDOs, but actually, we took a look and they're way worse than even he realizes.
During the bubble, the investment banks were borrowing heavily,to buy more loans, and create more CDOs.
They started selling CDOs specifically designed so that the more money their customers lost, the more money Goldman Sachs made.
The hedge funds tricadia and magnetar made billions betting against cdos they had designed with merrill lynch, j.p. morgan, and lehman brothers.
But unlike regular insurance, speculators could also buy credit default swapsfrom AIG in order to bet against CDOs they didn't own.
Investment banks carried large positions of CDOs off balance sheet in so-called structured investment vehicles(SIVs).
The note is backed by collateral, which includes future payments to be made on credit cards, auto loans, student loans,and collateralized debt obligations(CDOs).
By purchasing credit default swaps from AIG, Goldman could bet against CDOs it didn't own, and get paid when the CDOs failed.
While CDOs are responsible for making data manageable as a corporate asset, the challenge lies in getting reliable data to serve a strategy or business purpose.
Either the banks are clueless and they don't know how to value these CDOs, or they're such crooks that the CDOs are worth shit and they're hiding it.
The investment banks combined thousands of mortgages and other loans- including car loans, student loans, and credit-card debt- to create complex derivatives,called collateralized debtobligations, or CDOs.
The investment banks paid rating agencies to evaluate the CDOs, and many of them were given a AAA rating, which is the highest possible investment grade.
The theoretical underlying risk becomes a real one when the primary debtors become insolvent and the mortgage guarantees lose value: in this case, the primary lenders do not recover their debts andthe intermediaries do not have sufficient assets to repay the CDOs.
None of the agencies had documented procedures for rating RMBS and CDOs, nor did they have specific policies and procedures to identify or address errors in their models or methodologies;
In normal circumstances, the risk is low: the original loanis guaranteed by the value of the mortgage and, in turn, CDOs have the double guarantee of the issuer and of the underlying value of the property.
Do you know to what extentEuropeans have bought devices such as CDOs, which had been represented to them as having a certain rating by the American rating companies, but which, in fact, on subsequent examination after they blew up, proved to be toxic bonds?
In a sample of 642 RMBS deals, 12 arrangers handled over 80%;in a sample of 368 CDOs, 11 arrangers accounted for 80%; 12 of the largest 13 RMBS underwriters were also the 12 largest CDO underwriters.
Information management software company Stibo Systems recently interviewed 88 CDOs at a CDO Exchange event to better understand the evolving challenges and responsibilities they face, the rise of data as a strategic asset and how CDOs can use master data management(MDM) to their organization's advantage.