Friday, July 22, 2011

Fillet O' Fish

7/22

Some of what I have recently learned in a nutshell:

 If you drop that fish sandwich and hold your empty hand out to help pull a man out of a pond into which a banker pushed him, tomorrow that man is more likely to be around to learn how to fish, learn how to swim, and avoid variable interest rates with balloon payments whose notes are rolled into Mortgage Backed Securities, packaged into Collateralized Debt Obligations and bet against by strangers with Credit Default Swaps.

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