Whitney really does a great job here explaining the what’s and the why’s as to how we got to where we are today.
Video:
It should be noted here that Tilson’s T2 fund has begun buying as he said “some of the most toxic mortgage assets a out there”. Nothing will help turn things around faster than private money coming into this market. Now if we can just get the gov’t out of the way.
Disclosure (“none” means no position):
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