杰瑞发布于2024-04-11
Is that what this is?That's not what this is, that's just how mark is.Let's see what you got.I'm sorry, do you smell that, what is that?What?What's that smell?Cologne?No... Opportunity!No... money.I smell money... Chris... Goddammit!I'm sorry.This is your basic mortgage bond.Alright, the originals were simple.They were just thousands of AAA-mortgages bundled together, guaranteed by the us-government.The modern ones are different.They're private.And they're made up of layers of tranches.Highest level AAA's getting paid first.The lowest rated Bs getting paid last, taking on defaults first.No obviously if you're buying Bs you could make more money.But, they're a little risky, sometimes they fail.Chris... Somewhere along the line, these Bs and bb's went from a little risky to dogshit.Where's the trash?I'm talking rock-bottom fico-scores.No income-verification.
