Financial intermediaries-exposure of investors to risk
Problem: Please use collateralized debt obligations (CDOs) as an example to answer whether financial intermediaries always help reduce the exposure of investors to risk. If not, what lesson we have learned out of this?
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Please use collateralized debt obligations (CDOs) as an example to answer whether financial intermediaries always help reduce the exposure of investors to risk. If not, what lesson we have learned out of this?
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