Archive for November, 2008
HUMOR FROM BUDDIES – “Securities” by Forest Gump
Tuesday, November 25th, 2008Forest 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 chocolates.
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