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Give Me My Pound of Flesh

  • il y a 10 heures
  • 1 min de lecture




Why Credit is not that rosy but more importantly why you should care.


If PIK, LME, AM, RR are unfamiliar acronyms to you then this is for you!


The last time I felt uneasy like that was in 2007 when I learned about Countrywide’s tricks with mortgages.


In this post, I describe that while the world of Credit has drastically changed over the last decade, the signs of excesses rhyme with the past.



 
 
 
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