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What are some of the distinguishing characteristics of fraud perpetrators?
Credit Default Swap
A financial derivative or contract that allows an investor to "swap" or offset their credit risk with that of another investor.
Loan
A sum of money borrowed that is expected to be paid back with interest.
Asset Securitization
The process of pooling various types of contractual debt such as mortgages, and selling their related cash flows to third party investors as securities.
Investment Choices
The various options available to investors for allocating their funds, including stocks, bonds, real estate, and mutual funds.
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