And..... as we learned from the big Short, certain hedge fund managers profited hugely from the mortgage collapse. To do so they had to create these insurance policies called credit default swaps, designed specifically so that they could rob, ultimately, the US taxpayer.
And..... as we learned from the big Short, certain hedge fund managers profited hugely from the mortgage collapse. To do so they had to create these insurance policies called credit default swaps, designed specifically so that they could rob, ultimately, the US taxpayer.