ST Alpha - "I think that's about it. Pretty much the underlying concept of The Big Short - except in that case they" (Reading a Post)

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In response to "I was also trying to figure out how that worked too." by Dano

I think that's about it. Pretty much the underlying concept of The Big Short - except in that case they

Posted by Meg (aka Mojave) Jul 12 '16, 20:10

were lending to poor credit risks and not disclosing that to the buying bank. All those over-rated loans defaulted and......craaaash.

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