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The differences between (Eurons räddningspaket) EFSF and a CDO

Klaus Regling,  Chief Executive, European Financial Stability Facility, Luxembourg has written a letter to the FT, in which he explains the differences between the EFSF and a CDO.

Sist jag själv hade ett Letter to the editor i FT var  December 9 2010, med rubriken A step closer to Eurobond-age.

Mer om EFSF på denna blog.

This isn't just a mortgage or housing crisis.
At the center of this still-unfolding disaster is the collateralized debt obligation, or CDO.
Steven Pearlstein, Washington Post, December 10, 2007

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