How Narvik, Norway, a small town near the Arctic circle, was fooled into investing in Collateralized Debt Obligations (CDOs). From CNBC’s “CNBC,” original air date, February 12, 2009.
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How Narvik was fooled into investing in CDOs2 comments to How Narvik was fooled into investing in CDOs |
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[...] should I care what they’re doing behind my back? — It can’t affect me.” The story of the Norwegian town of Narvik illustrates this [...]
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