>This reminds me of the stuff that caused the crisis of 2008 It's exactly like that, yes. This is another form of CDO. In this case it sounds rather like Blac

>This reminds me of the stuff that caused the crisis of 2008 It's exactly like that, yes. This is another form of CDO. In this case it sounds rather like Blackstone are trying to offload their risk (renters not paying on time, etc.) on to hapless investors but still getting a cut of the check.