pull down to refresh

377 sats \ 4 replies \ @optimism 24 Oct \ on: 🥟 Feastables, Investables? - Snacks Stacker_Stocks
related to loans of more than $60 million made to investment funds that purchased distressed commercial mortgage loans.
One would think that risk management would still be improved 17 years post this being such a blowup that the Fed is still not done taking MBS off their balance sheets...
“when you see one cockroach, there are probably more. Everyone should be forewarned on this one.”
Roaches are by far the most sophisticated in spotting roaches.
write
preview
100 sats \ 3 replies \ @BlokchainB OP 24 Oct
Hahahahaha. You forget greed is undefeated plus moral hazard is at play. With the MBS market blowing up no one of significance went to jail and the perps all got bailed out! Haha
reply
117 sats \ 2 replies \ @optimism 24 Oct
Fool me once...
reply
100 sats \ 1 reply \ @BlokchainB OP 24 Oct
The rich run the world. Us mouth breathers are just trying to get a nut
reply
0 sats \ 0 replies \ @anon 24 Oct
The only relevant question is: what are you going to do about it?
Let us know if you need help.
reply