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Malcolm X:
SIVs
Structured Investment Vehicles, which are investment funds that manage a portfolio of income-generating assets by borrowing in short-term markets to invest in long-term securities.
Commercial Paper
Short-term, unsecured promissory notes, issued by companies, typically used for the financing of accounts receivable, inventories, and meeting short-term liabilities.
Mortgages
Loans specifically created for purchasing real estate, secured by the property itself, which is to be repaid along with interest over a predetermined period.
Mortgage-backed CDOs
Collateralized debt obligations that are secured by mortgage-backed securities as the underlying assets.
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