MBS or Mortgage-Backed Securities became infamous for their role in the 2008 Global Financial Crisis. What seemed like a high-paying investment soon turned out to be a bag of shit that piled on until it choked the entire economy!
source https://www.caclubindia.com/articles/big-short-mortgage-backed-securities-44468.asp
source https://www.caclubindia.com/articles/big-short-mortgage-backed-securities-44468.asp
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