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Still Doin Time
Join Date: Nov 2004
Location: Nokesville, Va.
Posts: 8,225
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Question about John Paulson / M-securities
Can someone here explain in layman's terms how one Guy could "invent " mortgage backed securities and then get the entire world onboard? ? I understand greed and short term profits but how do you sell that bag of ***** to the people that are supposed to be regulating these guys??
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'15 Dodge - 'Dango R/T Hauls groceries and Kinda Hauls *ss
'07 Jeep SRT-8 - Hauls groceries and Hauls *ss Sold
'85 Guards Red Targa - Almost finished after 17 years
'95 Road King w/117ci - No time to ride, see above
'77 Sportster Pro-Street Drag Bike w/93ci - Sold
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