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Forget Material Things, We Are Now Living In A Securitized World
Monday, August 31, 2015 - 1:07pm | 668The bursting of the housing bubble that led to the Financial Crisis of 2008–2009 made the world acutely aware of the size and potential impact of the asset-backed securities (ABS) market. At the height of the bubble, the mortgage-backed security (MBS) market alone grew to nearly $2 trillion...