Why investors are suing the banks
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Badly needing a drink. ;) :)
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Funny thing is that the banks were not, for the most part, creating these mortgaged backed securities. Fannie Mae and Freddie Mac were. They buy mortgages from banks enabling the banks to make more mortgages. They then bundled these loans up into bonds having just a good enough mix of risk to make them AAA. The big banks bought entire blocks of bonds and no matter what happens after that, as FMe and FMc created the underlying security that defaulted, they are the ones at fault.
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the thing is:if you see lots of money being loan in short time to a state like california or greece stay out because the guys who are saying to invest are the ones who are fully aware that debt cant be paid, sacks does this against california and now greece they are playing with the planet ACRTUALLY I THINK GREECE WAS BECAUSE OF CALIFORNIA BECAUSE SACKS LOST MONEY ASWELL THERE
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the thing is:if you see lots of money being loan in short time to a state like california or greece stay out because the guys who are saying to invest are the ones who are fully aware that debt cant be paid, sacks does this against california and now greece they are playing with the planet
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That is some chauffeur you hired. =)
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does one use options to bet on a stock's decline?
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by jove, Thanks for explaining something complicated subject into simple to understand concepts.
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Hey, great video, but you guys ought to invest in a tripod. The frame bouncing was distracting.
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I love these videos. Fantastic work!
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Clive is one good looking guy. What's his boby and package like.
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Frankly, Paddy is an alcoholic. I think he purposefully does bad investments so he has an excuse for 'very badly needing a drink'.
He's also addicted to pen throwing.
thequickfrowningox 1 year ago 11
Great video paddy great examples! you need your own TV show.
Thewally1000 1 year ago 4