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Friday, September 26, 2008

Behind the acronyms of the Financial Meltdown

The Fuel That Fed The Subprime Meltdown

The current financial crises are huge in scope and have many layers of complexity.  This article from Forbes Magazine’s Investopedia breaks down some of the alphabet soup, and explains ABS, CDOs, RMBS, ARMs and where they fit in with current crises.


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