Michael Lewis Quotes

The "consumer Loan" Piles That Wall Street Firms, Led By Goldman Sachs, Asked AIG FP To Insure Went From Being 2 Percent Subprime Mortgages To Being 95 Percent Subprime Mortgages. In A Matter Of Months, AIG FP, In Effect, Bought $50 Billion In Triple-B-rated Subprime Mortgage Bonds By Insuring Them Against Default.

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