FOCUS: Matt Taibbi | Man Trump Named to Fix Mortgage Markets Figured in Infamous Financial Crisis Episode
Matt Taibbi, Rolling Stone
Taibbi writes: "In early 2007, a group of Morgan Stanley bankers bundled a group of subprime mortgage instruments into a package they hoped to sell to investors. The only problem was, they couldn't come up with a name for the package of mortgage-backed derivatives, which they all knew were doomed."
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Matt Taibbi, Rolling Stone
Taibbi writes: "In early 2007, a group of Morgan Stanley bankers bundled a group of subprime mortgage instruments into a package they hoped to sell to investors. The only problem was, they couldn't come up with a name for the package of mortgage-backed derivatives, which they all knew were doomed."
READ MORE
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http://readersupportednews.org/opinion2/277-75/43298-focus-man-trump-named-to-fix-mortgage-markets-figured-in-infamous-financial-crisis-episode
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