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Collateralized Debt Obligation

Welcome to the major leagues of debt. Collateralized debt obligations, almost always referred to as a CDOs, are horrendously complicated deals that often leave anyone without a MBA wondering what was put into these CDOs.

The first thing to understand about bonds, (aka debt) is that bonds are often backed by something else. Think about your home mortgage. If you don't pay your mortgage, the bank can take the house. You end up homeless, and the bank sells the house to pay off the rest of that mortgage. There is something "backing" that mortgage; something lender can fall back on, if you don't pay your bills like a good human being. That's called collateral.

CDOs are one flavor of an entire sector of investing called structured finance, and they are also backed. CDOs, in the simplest concept, are just bonds backed by something else. In most cases, a CDO is backed by a collection of various types of debt. CDOs can be home mortgages, or other types of debt like credit cards, auto loans, and personal loans. Most of these types of debt are usually considered a bit more risky and they don't have the backing that a home loan does. So, if you think it through, you can imagine that CDOs are usually considered a risky investment.

To take a step further, understand that CDOs have multiple flavors within each CDO. These flavors are called tranches. If you've taken French, you might recognize the word, it means "slice" or "portion." Each slice of that CDO you invest in is a little different and carries different amounts of risk.

You could invest in the lowest risk tranche of the CDO, which would provide you lower risk. But, you don't get a good return on that investment. Or, you can be the heroic adventurer of bonds and invest in the lowest-grade tranche of the CDO. You'll make an amazing return, but if the economy even looks at you wrong, you might lose the entire investment.

CDOs aren¿t easy, and are almost always invested in by mutual funds, insurance companies and hedge funds. As an individual investor, you will probably not come across a CDO you can participate in.

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The Next MP3 Revolution - Free Music for All Thanks to Web 2.0 Recording

 
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KARLSRUHE, Germany, Jun 30, 2008 (PR Newswire Europe via COMTEX) ----RapidSolution Software AG presents the new Windows software "MP3videoraptor 3.0" on its website at http://www.audials.com. It allows users to instantly download and save virtually any song in MP3 format - free of charge. Even the automatic creation of an entire music library is a piece of cake. What makes this principle so revolutionary are these two functions: an intelligent control and the recording of music from numerous individual Web 2.0 radios - the legal and free way to get your favorite music.

"Radiotracker", "Tunebite" and "AudialsOne" - all products of the "Audials" series distributed by RapidSolution Software have been popular around the world for years and have won numerous awards. The completely novel option to get MP3 media with the assistance of the "MP3videoraptor 3.0" marks another milestone achieved on behalf of responsible consumers.

Do you want any music piece of your choice from millions of MP3 recordings - or would you rather get an entire music library comprising tens of thousands of MP3s automatically?

Users can conveniently enter or select from a catalog the name of their favorite artist and the MP3videoraptor instantly displays all key songs available for that artist. One click and they are on your hard disk in MP3 format.

As an alternative, fans can choose the brand new "Autoload" to create their music libraries automatically - it sorts by favorite artists, and genres. Enter the quantity desired (e.g. 1000 MP3) and MP3Videoraptor loads the best music as quickly as your DSL line can process downloads!

As an option, users can also download music videos - with instant

on the fly conversion into the format of your preference (MP4, 3GP, WMV, AVI etc.).

All of this music free of charge in the blink of an eye - legally and in high-quality MP3 - how is that even possible?

Internet radio recording is a legal and popular option that allows fans to get MP3 music free of charge. However, even if intelligent software solutions are available, it takes quite a while to get the music you want that way - after all, you will have to wait until a piece is played on an Internet radio station.

However, the Web 2.0 trend did result in the creation of several special websites that offer their users individually compiled radio programs. They allow listeners to request specific songs, which are played immediately.

The brand new MP3videoraptor 3.0 is the only solution to date that can control the most important Web 2.0 radios invisibly, automatically and simultaneously to ensure they play the user's favorite tunes and to record them digitally in the best quality possible - in other words to provide instant access to virtually any song.

Enhancement and convenience

Many users are already familiar with the automatic Internet search for ID3 tags, cover images and song lyrics from other Audials products. This feature enhances the MP3s. An integrated player, CD burner, a ring tone generator, a web video recorder for Youtube etc., MP3 player synchronization and many other convenient features make the MP3videoraptor the perfect tool to put together a music library.

Try before you buy

On the audials.com website users can download the MP3videoraptor free of charge without having to register. This test version provides 25 high quality MP3s of your choice.

MP3videoraptor is available now. The prices range from EUR 19.90 (Premium-Edition) to EUR 29.90 (Platinum-Edition). It can also be purchased as a component of "AudialsOne". The solution is sold online at

http://www.audials.com. Moreover, every purchaser who bought or buys one of the "AudialsOne" and "Videoraptor" boxes, which are available at retailers, will receive a free update from Avanquest.

About RapidSolution

RapidSolution Software AG is a leading entertainment software distributor. RapidSolution products can be purchased online at

Audials.com or at international retailers. The most popular brands of the company are Tunebite, Radiotracker and AudialsOne.

Contact: RapidSolution Software
   AG Norman F. FArderer presse@rapidsolution.de +49-721-66-33-88-30 
Contact: RapidSolution Software AG, Norman F.
   FArderer, presse@rapidsolution.de, +49-721-66-33-88-30 
Copyright (C) 2008 PR Newswire Europe
 

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