Re:Tesla Announces $2B Public Offering to Accelerate Model 3...
by spyspy on Friday May 20, 2016 @08:54AM
(#11737355)
For anyone whose knowledge of this starts and ends with The Big Short, CDOs are not inherently bad. They're just a structure for divvying up assets based on risk. The problem up to 2008 was that the risks were downplayed/hidden by the banks and the credit rating agencies.
[ Parent
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Re:Tesla Announces $2B Public Offering to Accelerate Model 3...
by eru on Sunday May 22, 2016 @09:01PM
(#11751091)
We do the equivalent of CDO to our networks at Google. (Ie tcp can't deal with packet loss, so needs the best tranche; especially if user facing. Some long running copy operations with fountain codes only care about total throughput, not lost packages, so get the `equity' tranches.)