BSC collapse tied to trailer park sub-prime collateral

Discussion in 'Wall St. News' started by daddyeaux, Mar 28, 2008.

  1. CMO squared derivative tanks due to busted market for Mississippi hunting dog collateral pledged for "a double wide down by the river"

    Paulson lamented "this was the loan that did it"

    Bernanke couldn't be reached for comment
  2. That is hilarious!:D
  3. Man that's some low white trash..even Bubba knows "screw the pooch" is just an expression!
  4. what's worse is that the Fed took them as collateral in the latest TAF auction...

    Bernanke tasked with shopping for flea collars and dog food