When engaged in Monday morning coaching, the securities collateralized with badly awarded subprime mortgages, can indeed be seen as red balls. But, the Friday night before, when they were triple-A rated, when banks invested in them, then they were blue.
very interesting explanation. I'm going to share this with my friends.
anonymousQ 1 month ago
Why is this ignored? Because it does not refer to a minor mistake but to an 180 degrees mistake that the Basel Inquisition does not want to accept.
perkurowski 5 months ago
Very interesting. Its unfortunate that this viewpoint has not received wider coverage. Why do you think that is?
Darnellius 5 months ago
When engaged in Monday morning coaching, the securities collateralized with badly awarded subprime mortgages, can indeed be seen as red balls. But, the Friday night before, when they were triple-A rated, when banks invested in them, then they were blue.
perkurowski 7 months ago
Very interesting. Aren't subprime loans a great example of an overaggressive investment by banks into the red balls though?
Spudst3r 7 months ago
Excellent!
RaDHeyward 7 months ago
Brilliant explanation, very concise and should be shared, so I did on our blog: successsystemsnow
Thanks!
VickieRobin1 8 months ago