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My RSS Feed, Mark Cuban, is a Thinker and Has Just Posted the Following:
Let me get this straight.* In 2008, funds trying to squeeze out another basis point or two thought they were being conservative* buying insurance on heavily leveraged portfolios of sub prime loans and other debt. Once those loans started to default, it* created a cascading deleveraging event which lead to major financial institutions failing and [...] click here to read more from and support Mark Cuban |
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