A fair question in these tumultuous times in the market for Asset Backed Securities.
If it isn’t clear by now that the whole debt-as-security model was corrupted and abused for profit along every link in the chain, then you must read this. You will learn:
How all the ducks were aligned and enabled the greatest ripoff in the histroy of a nation!
How a ploy ouf of Reagan’s old playbook (plausiable deniability: “I don’t remember”) helped rig the system and fuel the crash!
The single greatest mistake in the enitre history of the SEC!
Clamming up: Shhh! don’t you know this is a conspiracy of silence!?!
Conflict! (of interest!)
How you too can be raped- for a fee!
If you read that, and you want the book which assembles a clear picture of just how big the tub of goo is we just landed in, click here.
Who watches the watchmen?