3 ms·
Especially ironic/inaccurate given the full context of the quote: And no, that’s not hyperbole: of AAA-rated subprime-mortgage-backed securities issued in 2006,
by jsm386 16y ago
Especially ironic/inaccurate given the full context of the quote: And no, that’s not hyperbole: of AAA-rated subprime-mortgage-backed securities issued in 2006, 93 percent - 93 percent! - have now been downgraded to junk status.