Matt Taibbi quoteMatt Taibbi [1970-0]
American Author 
Quote rank: 118
| What the mortgage bubble was all about was big banks like Goldman Sachs taking big bundles of subprime mortgages that were lent out largely to low-income, highly risky borrowers, and applying this kind of magic-pixie-dust math to these bundles of securities and slapping AAA ratings on them. |
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