Mortgage Back Security Overview
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@khanacademy Special purpose entity is the same thing as special purpose vehicle right? Were the SPV also the cause of the credit crunch? The rating agencies gave these mortgages good rating and when the housing owners couldn't pay their mortgages this system collapsed, right? I took a course in college about the financial crisis and really enjoy these videos, they are a good review and give a different point of view... Thanks Sal!
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Yes... you did this in amazing detail, Wonder were you're going with the business subject this time? Any chance you could show how Brazil,Russic,India,China and south Africa have got so wealthy in the last decade? That would be interesting - for me anyway :)
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You already did this video, in the banking section... and it was excellent! the whole reason I'm subscribed
latewire 7 months ago 3