Subprime Bonds

topic on 1 show · 1 statements across 1 episodes

Capital Allocators

1 statements about Subprime Bonds, every show

Housel: Wall Street Critics Would Have Packaged Subprime for $4M Bonuses
“What people missed is that if they had the same incentives as the banker from Lehman Brothers, and their boss said, hey, if you package these subprime bonds, we'll give you a four million dollar bonus. You would have done the same thing too. Of course you woul…”
Morgan Housel Jan 1, 2024 ▶ 42:18 Morgan Housel – Same as Ever (EP.359)

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