We should be spreading and thus diminishing risk as we do these things and dispersing risk is usually thought of as a good thing.

FORBES: The Real Cause of the Great Financial Crash

By taking these securities off the open market, the Fed inhibits the capital markets from fulfilling their function of appropriately pricing and dispersing risk.

FORBES: Maintaining America's Prosperity Requires A Single Fed Mandate

Hedge funds are supposed to be dispersing risk.

ECONOMIST: Buttonwood

So, far from dispersing the risk, which is what securitisation should do, we ended up concentrating it in leveraged institutions because those running those leveraged institutions were stupid enough to think that the MBS stuff was all top notch, top drawer credit.

FORBES: The Real Cause of the Great Financial Crash