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CDOs hit the headlines - and consequently remain misunderstood By David J.R. Oston, Senior Vice President and Chief Financial Officer, Natexis Banques Populaires

Unfortunately, experience suggests that once the financial press gets hold of a story, we should not expect calm and reasoned debate. "Small earthquake, nobody hurt" is not a headline that sells newspapers. And so it is proving with the hitherto arcane topic of Collateralized Debt Obligations, which has recently...

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