National Australia Bank pays up to offload synthetic CDOs

National Australia Bank announced today that it has taken a AUD160 million ($166 million) hit after offloading two synthetic CDOs

Comment by: Anonymous. Posted 12 years ago [2012-03-22 13:30:32]

2012. Risk is still being carried to a hypothetical mark. Li'l scary what other losses may be hiding in the global banks' books.