This video from American Public Media is the best explanation of Collateralized Debt Obligations (“CDOs”) I have ever seen. It lasts six minutes. If you have any questions about the roots of our financial crisis, watch this video.
Norb Vonnegut
The New York Times describes my novels as “money porn,” “a red-hot franchise,” and “glittery thrillers about fiscal malfeasance.” Through fiction I explore the dark side of money and the motivations of those who have it, want more, and will steamroll anybody who gets in their way.