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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Think4Yourself who wrote (80000)3/14/2007 12:51:45 PM
From: ggamer  Read Replies (1) | Respond to of 110194
 
I just can not believe that, I am sure most of them are young guys, but how about the senior management of these houses? I don't think they are very stupid people and for sure they knew that the subprime market would crash.

Why the houses were not able to pass their junk to other investors before the crash?