That is when companies make loans or issue credit cards to people and then bundle up that debt and sell it off to investors.
NPR: Treasury Secretary Redefines Bailout
Then, every few months, they would bundle up those mortgages they had issued into a bond issue and sell that.
FORBES: What Caused The Great Financial Crash: Gary Gorton Is Right
For a fee, these businesses have been offering stressed out customers the opportunity to bundle up in safety gear, choose fragile objects like china plates and wine glasses and then literally chuck them against walls.
FORBES: Break Stuff And Laugh Your A*s Off
应用推荐
模块上移
模块下移
不移动