The "misused" asset securitizations,credit derivatives,and CDOs took the blame for creating the credit crisis of 2007.

Question

Quizplus · Accepted Answer

Asset securitizations, credit derivatives, and CDOs were misused and played a significant role in the credit crisis of 2007. They were utilized to create complex financial instruments that were difficult to value and understand, leading to significant losses when the underlying assets (such as subprime mortgages) began to default.

The "Misused" Asset Securitizations,credit Derivatives,and CDOs Took the Blame for Creating