April 03, 2013 at 16:05 PM EDT
The Hottest New Toxic Investment of 2013
The world’s bankers had the chance to learn a very painful and expensive lesson in the financial crash of 2008-‘09 … but this piece of news is proof-positive that they haven’t … I’m talking about the way the banks bundled risky mortgages and sold them to investors as Collateralized Debt Obligations and Mortgage-Bac...
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