Continental Illinois Bank is often credited with issuing the first collateralized debt obligation ( CDO ) when, in 1987, it issued securities representing interests in a pool of “ leveraged loans .”

The growth and desirability of Oro Valley ( the fastest growing municipality in Arizona for several years in the 1990s ), was often credited by the media to CDO and the strong educational reputation the school established ( Arizona Daily Star ).

By selling protection, the CDO gains exposure to the underlying asset ( s ) without having to put up capital to purchase the assets outright.

On February 28, 2012, SSgA entered into a consent order with the Massachusetts Securities Division " in connection to the Division's investigation into SSgA in its role as the Investment Manager of a $ 1. 65 billion hybrid collateralized debt obligation named Carina CDO, Ltd ." which resulted in a State-imposed fine of $ 5 million for the non-disclosure of certain initial investors taking a short position on portions of the Carina CDO.

As portrayed in the book " The Big Short " of Michael Lewis, Lipmann in the mid of the CDO and MBS frenzy was orchestrating presentations to investors, demonstrating his bearish view of the market, offering them the idea to start buying CDS, especially to AIG in order to profit from the forthcoming collapse.

Each district is headed by a chief district officer ( or CDO ) and is responsible for maintaining law and order and coordinating the work of field agencies of the various government ministries.

They farmers petitioned the Department of Agrarian Reform ( DAR ) to issue a cease-and-desist order ( CDO ) on the contested 144-hectare property in Barangay ( village ) San Vicente, Sumilao which San Miguel Foods Inc. ( SMFI ) converted into a hog farm.

* Chief Debriefing Officer or CDO – responsible for getting the status, and maintaining forward motion in production.

( As an example of the complexity involved in analyzing some CDOs, the Aquarius CDO structure has 51 issues behind the cash CDO component of the structure and another 129 issues that serve as reference entities for $ 1. 4 billion in CDS contracts for a total of 180.

* Collateralized debt obligation CDO: Generic term for a bond issued against a mixed pool of assets-There also exists CDO-squared ( CDO ^ 2 ) where the underlying assets are CDO tranches.

An example of a synthetic CDO is Abacus 2007-AC1, which is the subject of the civil suit for fraud brought by the SEC against Goldman Sachs in April 2010.

Ironically, Calyon had sued Mizuho for hiring away Rekeda and other CDO experts in 2007.

The ship's chief engineer became responsible for the catapult and the first mate acted as Catapult Duty Officer ( CDO ) responsible for firing the catapult when directed.

* The CDO counted to three, waited for the bow to rise from the trough of a swell, and moved the switch to fire the catapult rockets.

On the morning of 11 June, the orders for the attack were given to 42 CDO by Vaux ; K Company was ordered to attack the eastern end of the mountain, while L Company would attack the southern side an hour later, where it — if the mountain was secured — would then move north of Mount Harriet to Goat Ridge.

With the design sanctioned by 1 CDO BN's Commanding Officer, Tan Kim Peng Clarence, it is differentiated by a crimson velvet backing for only for Commandos, while those of the Commando Parachute Jump Instructors have a golden velvet backing.

1 CDO BN organises an annual Commando Skills-At-Arms Meet, whereby companies vie for honours on an inter-section basis.

The first CDO was issued in 1987 by bankers at now-defunct Drexel Burnham Lambert Inc. for Imperial Savings Association, a savings institution that later became insolvent and was taken over by the Resolution Trust Corporation on June 22, 1990.

Increased foreclosure rates in 2006 – 2007 among U. S. homeowners led to a crisis in August 2008 for the subprime, Alt-A, collateralized debt obligation ( CDO ), mortgage, credit, hedge fund, and foreign bank markets.

* CDO ( Climate Data Operators ) is an analysis tool for geoscientific data with GRIB support

CDO is primarily known for its academic program and the notable number of Major League Baseball players the school has produced in recent decades.

High-yield bonds can also be repackaged into collateralized debt obligations ( CDO ), thereby raising the credit rating of the senior tranches above the rating of the original debt.

* Collateralized fund obligation, a financial instrument similar to a collateralized debt obligation ( CDO )

There has been criticism in the wake of large losses in the collateralized debt obligation ( CDO ) market that occurred despite being assigned top ratings by the CRAs.

ABN Amro was mentioned by the United States Securities and Exchange Commission ( SEC ) SEC in court fillings when it sued Goldman Sachs and one of Goldman's collateralized debt obligation ( CDO ) traders on April 16, 2010.

Deutsche Bank was one of the major drivers of the collateralized debt obligation ( CDO ) market during the housing credit bubble from 2004 – 2008, creating ~$ 32, 000, 000, 000 worth.

Credit rating agencies such as Fitch Ratings have been subject to criticism in the wake of large losses in the collateralized debt obligation ( CDO ) market that occurred despite being assigned top ratings by the CRAs.

For instance, losses on $ 340. 7 million worth of collateralized debt obligations ( CDO ) issued by Credit Suisse Group added up to about $ 125 million, despite being rated AAA by Fitch.

Further, the credit quality of CDOs declined from 2000 – 2007, as the level of subprime and other non-prime mortgage debt increased from 5 % to 36 % of CDO assets ; yet the credit ratings of the CDOs did not change.

As a result, the perceived default probability of rated tranches from a high yield CDO will be incorrectly biased downward, providing a false sense of confidence to rating agencies and investors.

It concluded that even as the market was collapsing in 2007, and its top global CDO trader was deriding the CDO market and betting against some of the mortgage bonds in its CDOs, Deutsche bank continued to churn out bad CDO products to investors.

By 2009 the entire CDO was almost worthless and the investors ( including Deutsche Bank itself ) had lost most of their money.

It worked with Elliot Advisers on one of them ; Elliot bet against the CDO even as Deutsche sold parts of the CDO to investors as good investments.

In simple terms, think of a CDO as a promise to pay cash flows to investors in a prescribed sequence, based on how much cash flow the CDO collects from the pool of bonds or other assets it owns.

If cash collected by the CDO is insufficient to pay all of its investors, those in the lower layers ( tranches ) suffer losses first.

CDOs can be created as long as global investors are willing to provide the money to purchase the pool of bonds the CDO owns.

Additionally, though 60 % of the Fortune 500 companies have a Chief Diversity Officer ( CDO ) or Diversity leadership position, this and many other C-level titles are not necessarily universally recognized as Corporate Officers, and tend to be specific to particular organizational cultures or preferences as employees.

Many banks, such as AIG, made the mistake of not holding enough capital in reserve in the event of downgrades to their CDO portfolio.

This made CDO portfolios vulnerable to multiple downgrades, essentially precipitating a large margin call.

Projecting that number to all 180 issues implies that the Aquarius CDO has exposure to about 1. 2 million loans.

The strength of the CDO was not wholly dependent on the strength of the underlying loans, but in fact the structure assigned to the CDO in question.

There are around 30 SA officials every year who are under the administration of CDO.

CDO refers either to the pool of assets used to support the CLNs or, confusingly, to the CLNs themselves.

For example a CDO made up of loans is merely a securitizing of loans that is then tranched based on its credit rating.