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Take A QuizWhat the mortgage BUBBLE was all about was BIG banks like Goldman Sachs taking big bundles of subprime mortgages that were lent out largely to low-income, HIGHLY RISKY borrowers, and applying this kind of magic-pixie-dust math to these bundles of securities and slapping AAA ratings on them.
Posted on 26 Nov 2024, this text provides information on Banks related to Matt Taibbi. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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