Monday, May 07, 2012

What is mortgage-backed securities (MBS)? By Alexis Goldstein


KittyBowTie1 said...

Hey, I thought it stood for More Bull Shit.

KittyBowTie1 said...

Well, the cat watched the video and what do you know, the cat was right! It is MORE BULL SHIT! Take something that is not "tradeable" and "securitize" it?

If someone came to my door trying to sell this stuff, there would be only four words to say:

Get off my lawn.