Nobody knows what's in these bundles of mortgages. And they have a very, very low value because nobody can open them up and figure out which ones are paying and which ones are not paying. It's like Superman trying to look inside of a box that's wrapped in lead. You just can't see inside.
Isn't this crisis bad enough without maligning the character of Superman? Who amongst us can see through a lead box? Financial analysts are assholes.
1 comment:
This is one of your very best...
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