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Podcast: JASON T POWERS's show
Episode: Episode 350: Something Old, Something New, Something Financial, That's Gonna Screw You!
Description: First, Steve Eisman takes us down memory lane. You might not know his name, but was one of the Big Shorters that found out the jig was up by late 2006 on the Mortgage market in the USA. One learned - I was not in this business - by reading about this collapse, almost in real-time, during 2008.Eisman walks you down memory lane about how the sausage was done.$5.1 Trillion Dollar ProblemSecond, nothing changes but location, and the finite methodology behind it. Mitch Wexler is noticing same sort of fraudulent and ratings of...