Credit enhancements in a securitization

[jizzmonger]

By the way, the main point is that allowing this non-work way to make money proliferate is what kills civilizations.

People trading this crap and making money while producing absolutely nothing useful.

[jizzmonger]

LOL

This system was developed to avoid regulation.

All this complexity to mask the fact that they are buying loans and then using the loans as collateral to buy more loans.

[Forbesification]

@jizzmonger 6 sections. Wow really complex. Smart guy you are. I am sure all your friends saw that comment and that you were really cool.

[jizzmonger]

@Forbesification

Look at the time stamp on my comment. Since that time, I have become a millionaire and am currently dating your daughter, both of them in fact.

[Forbesification]

@jizzmonger I was pointing out that you have a very "freshmen finance community college" way of looking at real financial information. Keep you trap shut more often and you'll look like less of a fool.

I do not have children.

[jizzmonger]

@Forbesification

Imagine that! A know-it-all internet tard with no children!

I bet you are European.