How Narvik was fooled into investing in CDOs

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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The Norwegian American

Published since May 17, 1889 PO Box 30863 Seattle WA 98113 Tel: (206) 784-4617 • Email: naw@na-weekly.com

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