Forrest Gump Explains Mortgage Backed Securities
Mortgage Backed Securities are like boxes of chocolates. Criminals on Wall Street stole a few chocolates from the boxes and replaced them with turds. Their criminal buddies at Standard & Poor rated these boxes AAA Investment Grade...
Ed McMahon's home is threatened with foreclosure, like many other Americans at this time and I thought this interview was interesting:
He's pretty forthcoming about having made mistakes. He cites a combination of divorces...
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