jazz4cash
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
+1 on The Big Short. I think 10 years ago the problem was more the CDO's than the stretch loans per se. If the people granting the loan have to hold it they will evaluate the borrowers more.
Went looking for The Big Short movie (already read the book) on Prime but it's not free so I watched Too Big To Fail instead. Excellent perspective on the financial crisis of 08 from a broader perspective than just the housing component. Still, one of the best simple explanations of the intersection between mortgages and investment banking that was a major component of the crisis.