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Tasty Mystery Baskets of Clips
You get the ice-cream, the hot-fudge, the banana and the nuts!
For the opposing view... Mister Baum
Ajay
But, they're a little risky, sometimes they fail.
We lose everything.. -I'm gonna have to move back in with my mom!
we didn't defraud the American people and prey on their dreams of owning a home
Please don't be Chipper in the face of me being miserable!
a
You got your average persons mortgage
We were just excited!
Ok, so not only did two mortgage hedge-funds backed by Bear-Stearns go belly-up
Look, I'm a yield guy
Hey there's a bubble
Aren't you the bank?
This... was the Ali versus Foreman of the financial world
Once the industry-leader by the way, filed for bankruptcy
and ninety percent AAA-rating?
secured a long position yourselves, so you're free to mark my stonks accurately for once
I'm trying to sell 200 million dollars worth of securities
The investors!
They want another 1.9 trillion by market close
And know what he did.... He left!
Ok, so here's how a synthetic CDO works!
And turned it into an atomic bomb of fraud and stupidity
Yeah
-Congratulations On what?
Highest level AAA's getting paid first.
If we don't give them the ratings, they'll go to Moody's right down the block.
Consumers reacted to our packages
This level of criminality is unprecedented even on fucking Wall-street!
Without proving it
And..
As motivated as one can be in this neighborhood.
If your investors panic
that's pretty phenomenal returns.
The market is in an itsybitsy little gully right now
Let's just assume Merrill and I have a...
Good luck with that!
We'll buy your swaps, but only if you say how you're fucking us.
I'M JACKED TO THE TITS
Strippers? -Yeah, Hmmmm.
They should've paid 10 percent to my Fox ticket system.
Square A has parts of square B and then they get put inside square c
Deal!
When haven't we crunched the numbers? -Seriously guys!
But we did.
Mark's numbers guy.
CORPORATE SECURITY... DOGSHIT!
We gotta sell!
OK, so this part isn't totally accurate.
I mean, you're supposed to be the ones policing the big banks
Everytime i fucking hit refresh it's dropping man -And hope it does goes down!
I know it sounds odd, but these are very complicated products!
If the mortgage-bonds that Michael Burry discovered were the match...
That's my Quant!
You're very lucky!
Why? You'd have to be so stupid!
Aaaahh
Why are you so shocked?
You're delusional! -We stand behind it Georgia!
Gentlemen! -When do we get a chance to face-time with some of these lovely folks?
Mark, are you sure?
I was right! And...
It's possible that we are in a Completely fraudulent system
Then what's the problem Rabbi?
Would i buy a car from him?... No!
Where you checked the tape and you didn't give the banks the AAA-percentage they wanted?
In the mean-time, you go to the main floor to buy some more swaps
Topless..
Mark refused to kiss the ring of the people with the checkbooks,
If the mortgage bonds were the match...
Tech-Capitol of the world....
I just know that at the end of the day
OK, You're saying that at 8 percent the bonds fail and we're already at 4 percent?
Shane...
I'm jacked to the tits!
We're simply asking you to...
Like you're untainted -It changed me, it changed me!
So is Morgan Stanley recruiting us? Is that..
I think we should buy more shares.
Well, except for Vinnie!
NatGas
Sue me!
Are filled with extremely risky sub-prime adjustable rates.
No, no, no, i want to know what mortgages are in each one
At least i went
So... what am i gonna do?
The NCs are voided
When you think you’re training hard enough Think again
Ben call us when you get home!
That's 30 days late, that's 60 days late.
Well...
They want another 1.9 million by market close
OK, let's try number two out of fourteen.
Look at this, Look at this!
Please... Give a generous welcome to...
I love my job, I love my job honey!
So... where do we stand?
Sure?
Everybody does!
Then the synthetic CDO was the atomic bomb
I may have been early… But I’m not wrong
I’m a wind farm manager
How could i lose right?
...saw it by doing something the rest of the suckers never thought to do. I looked.
Well... it's supposed to.
Yeah, bitch better like me, sent her ass to Cabo!
The contracts are voided?
whenever you hear "AI" think "SHIT"
No, he's not!
Jesus Christ, are you fucking kidding me?! -You kept saying defaults over eight percent were impossible!
This new Cuban place just opened at the Lower East Side, so I suppose we could..
banks suck it banks are going under
Right away, Dr. Burris.
And America barely noticed that it's number one industry became boring old banking
Alright...
Ben, why do you do that man? You're a retired trader, ok..
Hello!
since the underlying loans are clearly deteriorating
I mean, who are all these clown? -Ah come on, I think it looks fun!
Apparently this guy wanted two-hundred mill in credit default swaps.
You'll hang it to him... just like my dad did to me.
Might be time to put on your life jacket.
What do you think we do here all day?
Sounds like there's a lot of interest. -Alright.
Making money is not what i thought it would be.
That was funny! -I guess you just don't realize how clueless the system really is!
Opportunityi
We're trying to understand the residential mortgage business.
I don't talk about that
No investment-bank has ever failed, unless caught in criminal activities.
This is a massive story! Who wouldn't publish it?
Exciting times! -What the hell is going on?!
I mean the fund will almost make a billion dollars