Sometimes he does this through onscreen text, and at other times he'll halt the narrative to have attractive celebrities spell out terms like "synthetic collateralized debt obligation
." Aware of how quickly viewers can tire of watching terrible men in suits screaming jargon at each other, the director also splices in lightning-fast montages of period-appropriate pop culture and occasionally seemingly random imagery to keep up the pace.
The stock market extended early morning losses on news that the SEC charged Goldman Sachs (NYSE:GS) with fraud in the structuring and marketing of ABACUS 2007AC1, a synthetic collateralized debt obligation
tied to subprime mortgages.
The securitization market is likely to receive ammunition especially from active issues of two types of sophisticated securities -- residential mortgage-backed securities (RMBS) and cash flow and synthetic collateralized debt obligation
(CDO), Standard & Poor's Corp.
There are, for example, beauties Margot Robbie and Selena Gomez, in cameo roles, talking straight to the camera and explaining subprime mortgages and synthetic collateralized debt obligations
When the supply of mortgages began to dry, the industry created a non-traded security based not on actual mortgages, but on the insurance against default of the securities (synthetic collateralized debt obligations