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  • Posted by admin 3 years ago. There are 1 post. The latest reply is from admin.
  1. Mortgages aren’t the only financial instruments that get turned into securities! NPR has an informative video clip detailing how companies make money by buying credit card debt and bundling it.

    http://www.publicradio.org/columns/marketplace/offair/2008/11/the_whiteboard_how_credit_card.html

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