Case ID: 9B08TF11
Solution ID: 19330

Deconstructing Stupidity Why Smart People Often Do Stupid Things

Case Solution

Hell hath no greater fury than a collaterized debt obligation scorned or at least spurned, which could be why so many CDOs were bought and sold, bought and sold, and bought and sold. Then again, when you look at the havoc created by all those loose CDOs, maybe they should have been spurned in the first place. Indeed, if only.

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