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14% a month - rsingh this is a deal for you!
Old 03-12-2010, 12:16 AM   #1
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14% a month - rsingh this is a deal for you!

We Bought A Toxic Asset; You Can Watch It Die : NPR is about buying a toxic assets bond. It might be paying 14% a month.

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Old 03-12-2010, 01:59 AM   #2
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I read this story and thought how cool is this to buy a toxic asset and then figure out the history behind it. It then hit me that I am such a geek, thinking this is cool :

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Old 03-12-2010, 08:11 AM   #3
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Interesting story. I like to see investment abstractions fleshed out like that.
And if I claim to be a wise man, it surely means that I don't know.
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