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Wednesday, April 27, 2016
Collateralized debt obligations. Bespoke tranche opportunities. Fancy financial words but what do they mean? The movie The Big Short suggests financial language is designed to be complicated to keep us ignorant about financial matters and how banks function. That way we will put our faith in financial authorities without having to educate ourselves. http://www.unofficialguidetobanking.com/assets/Jargon_Buster.pdf