Hahahahaha. You forget greed is undefeated plus moral hazard is at play. With the MBS market blowing up no one of significance went to jail and the perps all got bailed out! Haha 

BlokchainB

related to loans of more than $60 million made to investment funds that purchased distressed commercial mortgage loans.

One would think that risk management would still be improved 17 years post this being such a blowup that the Fed is still not done taking MBS off their balance sheets...

“when you see one cockroach, there are probably more. Everyone should be forewarned on this one.”

Roaches are by far the most sophisticated in spotting roaches.

Stacker_Stocks

🥟 Feastables, Investables?  - Snacks

> related to loans of more than $60 million made to investment funds that purchased distressed commercial mortgage loans.

One would think that risk management would still be improved 17 years post this being such a blowup that the Fed is still not done taking MBS off their balance sheets...

> “when you see one cockroach, there are probably more. Everyone should be forewarned on this one.”

Roaches are by far the most sophisticated in spotting roaches.