4 ms·
What could possibly go wrong with securitizing interest streams? :)
by psranga 10y ago
What could possibly go wrong with securitizing interest streams? :)
- nradov 10y agoThere's nothing wrong with securitizing interest streams in general. There was only a problem with bundles of residential mortgages because the issuers and underwriters committed fraud. Fraud is extremely rare in municipal bonds.