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Find a link that describes a “Credit Default Swap” and briefly summarize your understanding of it.  Here are a few links that I found helpful:http://www.businessweek.com/articles/2014-01-30/credit-default-swap-market-shrinks-by-halfhttp://content.time.com/time/business/article/0,8599,1723152,00.htmlhttp://www.youtube.com/watch?v=jHVnEBw93EAFind a link that describes a “Collateral Debt Obligation” and briefly summarize your understanding of it.  Here are a few links that I found helpful:http://useconomy.about.com/od/glossary/g/CDOs.htmhttp://lexicon.ft.com/Term?term=Collateralised-debt-obligation-CDhttp://www.khanacademy.org/economics-finance-domain/core-finance/derivative-securities/CDO-tutorial/v/collateralized-debt-obligation–cdoFind a link that describes the results of the Great Recession and briefly summarize your understanding of it.  Here are a few links that I found helpful:http://education-portal.com/academy/lesson/what-was-the-great-recession-timeline-facts-causes-effects.html#lessonhttps://webspace.princeton.edu/users/pkrugman/gr0203.pdfhttp://www.csmonitor.com/Business/2013/0908/Timeline-on-the-Great-RecessionDevelop a summary paragraph which includes credit default swaps, collateralized debt obligations, and consequences of the Great Recession.  Include some policy tools that were used to try and deal with these circumstances.