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ALL » Topics » Other collateralized debt obligations (CDO); ABS collateralized debt obligations (ABS CDO):This excerpt taken from the ALL 10-Q filed Nov 6, 2008. Other
collateralized debt obligations (CDO); ABS collateralized debt obligations (ABS
CDO): Valued based on nonbinding broker quotes
received from brokers who are familiar with the investments. Due to the reduced availability of actual
market prices or relevant observable inputs as a result of the decrease in
liquidity that has been experienced in the market for these securities, all
collateralized loan obligations (CLO), ABS CDO, and synthetic collateralized
debt obligations are categorized as Level 3.
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