How credit cards become asset-backed bonds

Описание к видео How credit cards become asset-backed bonds

Mortgages aren't the only financial instruments that get turned into securities. Paddy Hirsch explains how companies make money by buying credit card debt and bundling it. #MarketplaceAPM #GreatRecession #EconomicExplainers

More coverage of the financial crisis is at marketplace.org/financialcrisis

Subscribe to our channel!

   / marketplacevideos  

Комментарии

Информация по комментариям в разработке

Похожие видео