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Thread: Subprime, CDOs, SIVs, et al explained:

  1. Default Subprime, CDOs, SIVs, et al explained:

    Simple elegant overview of the situation. Thanks X

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    Yup, that's what I believe happened.

    Sent the link to the 'short list' of my family and friends.

    Great post XX. :lol:

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    not one mention of the reason it was possible.

    Glass-Steagall Act was repealed

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    i should have said.........

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    but it was still enjoyable

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