As FSJ put it, "Which would you rather own: a portfolio of sub-prime mortgages o... | Hacker News

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		raganwald on April 15, 2008 \| parent \| context \| favorite \| on: Apple's Market Cap now bigger than Citicorp's As FSJ put it, "Which would you rather own: a portfolio of sub-prime mortgages or a portfolio of iPhone patents?"

michaelneale on April 15, 2008 [–]

I love the term "sub prime" - its such a humorous form of NewSpeak to mean lending money to greedy people who can't afford to pay it back (done by greedy people who can't ...)

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