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Investors knowingly chasing risk with these junky bonds is perfectly fine. In 2008, investors were defrauded by ratings agencies and bond creators who masquerad
by julienb_sea 7y ago
Investors knowingly chasing risk with these junky bonds is perfectly fine. In 2008, investors were defrauded by ratings agencies and bond creators who masqueraded junk mortgages as gold plated, at massive scale.