3 ms·
This is a variation of the old lend-long-borrow-short strategy that blew up spectacularly in 2007: https://en.wikipedia.org/wiki/Structured_investment_vehicle#
by TuringNYC 6y ago
This is a variation of the old lend-long-borrow-short strategy that blew up spectacularly in 2007:
https://en.wikipedia.org/wiki/Structured_investment_vehicle#2007_Subprime_mortgage_crisis https://en.wikipedia.org/wiki/Structured_investment_vehicle#...