Sentence examples for cdo exposure from inspiring English sources
After its recent sale of CDOs, Merrill still holds $1.6 billion in net Super Senior CDO exposure.
Deutsche Bank analyst Mike Mayo said Citi could post another $8bn write-downs from its CDO exposure, based on Merrill's figures.
I do like being a mentor, but I'm afraid I appear to have over-leveraged our company to cover a massive CDO exposure and now I have to kill myself.
They have subprime and CDO exposure.
(See: "JPMorgan CDO Exposure Not a Worry to CEO").
The agency cited the bond insurers hefty CDO exposure of up to $4.9 billion, according to TradeTheNews.com.
For example, 79% of its super-senior CDO exposures at the end of 2007 seem to have been originated that year.
During this timeframe, even more remarkably, MBIA insured $10.8 billion of the Merrill CDOs, a phenomenal amount of new CDO exposures in a short window.
The total losses of the Canadian banks (excepting CIBC's $4.2 billion on its exposure to CDOs) on ABCP, SIVs, CDOs, trading and ordinary credit losses amount to $2.6 billion to date.
B&B said it had only a small exposure to CDOs and other structured investment vehicles.
Poorly understood (even by their creators, it seems), these are now souring at an alarming rate.Citi's exposure to CDOs came as a shock: it had kept $43 billion-worth on its own books.
