Hey I got this great idea, hiding subprime loans with AAAs. I call it CDOs. Let's make lots of money
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It seems PE goliaths will one day own every asset in the world? Rubenstein, Schwartzman, Black, Kravis so on ruling the world! Get ready!
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They didn't bet on homeownership decline, they forced it. They get cheap money to buy the supply and the prices go up for everyone else.
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