Hacker News new | past | comments | ask | show | jobs | submit login

It's worth noting that since the collateralized housing debt scandal of the Global Financial Crisis, approximately nothing changed in regulation, and credit card and auto debt securitization has taken off in its place. Investors still want to put their money somewhere.

Who is the Lehman Brothers of the new securitized debt? That meltdown is coming.




Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | Legal | Apply to YC | Contact

Search: