6 ms·
There is a general problem of massive amounts of liquid cash looking for an asset, and an increasing dearth in quality loan collateral. Appears nudes are the ne
by motohagiography 8y ago
There is a general problem of massive amounts of liquid cash looking for an asset, and an increasing dearth in quality loan collateral. Appears nudes are the new pound of flesh.
Surely, next will be a way to securitize tranches of pawn tickets.
- trhway 8y agowhatever way Wall Street slices&dices the securitized collateral from the guys pushing 50 like me the end result will still be junk bonds (pun intended).