Tuesday, October 18, 2011

A sign at Occupy Wall Street rally

An Atlantic article by Conor Friedersdorf described how the author's words made it to a sign at the Occupy Wall Street rally.  The sign said:
it's wrong to create a mortgage-backed security filled with loans you know are going to fail so that you can sell it to a client who isn't aware that you sabotaged it by intentionally picking the misleadingly rated loans most likely to be defaulted upon

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