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In a nutshell.
Posted by BNJ on September 26, 2008 06:55 AM | Permalink|Discuss
Well, EXCEPT that in real life it wasn't "RTS Financial" on Wall Street (as in the cartoon) that first packaged those bad loans, it was "GSE Financials" (like Fannie Mae and Freddie Mac) in D.C. who did that.
Posted by: JMK | September 26, 2008 12:13 PM
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Well, EXCEPT that in real life it wasn't "RTS Financial" on Wall Street (as in the cartoon) that first packaged those bad loans, it was "GSE Financials" (like Fannie Mae and Freddie Mac) in D.C. who did that.
Posted by: JMK | September 26, 2008 12:13 PM