Question: Why should we say that Collateralized Debt Obligations (CDO) are the main causes of the sub-prime mortgage crisis in US which ultimately leads to financial

Why should we say that Collateralized Debt Obligations (CDO) are the main causes of the sub-prime mortgage crisis in US which ultimately leads to financial tsunami ?

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Why should we say that Collateralized Debt Obligations (CDO) are the main causes of the sub-prime mortgage crisis in US which ultimately leads to financial tsunami ?

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