So mortgage bonds are dog shit. CDOs are dog shit wrapped in cat shit.
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Quote
Mark Baum:
[of Collateralized Debt Obligation funds]
So mortgage bonds are dog shit. CDOs are dog shit wrapped in cat shit.
Transcript
00:00:01.000 --> 00:00:02.877
So mortgage bonds are dog shit
00:00:02.096 --> 00:00:05.171
CDOs are dog shit wrapped in cat shit
Clip duration: 6 seconds
Views: 473
Timestamp in movie: 00h 35m 02s
Uploaded: 19 March, 2022
Genres: comedy, drama
Summary: The men who made millions from a global economic meltdown.
Comments
Actors
00:20 JARED If the mortgage bonds were the match
00:27 Mortgage fraud has
00:35 So is Morgan Stanley recruiting us Is that it
00:32 It really makes me hate you
00:11 Are you being sarcastic with us Mike
00:07 Yeah Yeah it's time to call bullshit
00:09 VINNIE How come you don't hate this guy
00:34 Basically Lewis Ranieri's mortgage bonds
00:35 Okay look If home prices don't go up
00:05 Just don't fucking dance
00:32 Thank you
00:35 It's only a matter of time before someone else sees...
00:08 Our investment strategy was simple
00:13 MIKE Lawrence I found something really interesting
00:22 How big is your short position right now
00:14 Trust me I'm not driving a 7 Series without strippers
00:03 I love my job
00:34 Jared it's chaos down here Where are we
00:17 100 million Who are you a drug dealer or a banker
00:23 We have no confidence in your ability to identify