this post was submitted on 27 Mar 2024
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[–] hollyberries 5 points 8 months ago (1 children)

From TFA (the fine article):

As for the title: a CDO is a financial instrument that became pretty infamous during the financial crisis of 2007. An entertaining explanation of that can be found in “The Big Short”.

Its the last sentence of the article as a footnote with a wikipedia link to a page about CDO.

[–] [email protected] 3 points 8 months ago* (last edited 8 months ago) (2 children)

and it doesn't explain what the acronym stands for, or what it's for

[–] BatmanAoD 4 points 8 months ago (2 children)

Uh, neither did you? Both explanations mostly just provide links.

[–] [email protected] 7 points 8 months ago (1 children)

well, I didn't write the article

If you're using an obscure acronym in your title, it deserves more than just a link in a footnote imo, but whatever

[–] BatmanAoD 2 points 8 months ago
[–] RustyShackleford 2 points 8 months ago

Credit Default Obligation?