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A comment on The mystique of Goldman Sachs. Parent comment

Re:The mystique of Goldman Sachs by andrevvo on Thursday December 15, 2016 @02:47PM (#13187601)
Mortgage payments are bundled into securities called RMBS. By shorting these securities, you are not shorting the mortgage company, but the assets themselves (the mortgage receivables).
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Re:The mystique of Goldman Sachs by AnimalMuppet on Thursday December 15, 2016 @03:09PM (#13187822)
Can you short those?
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Re:The mystique of Goldman Sachs by andrevvo on Thursday December 15, 2016 @03:43PM (#13188189)
Yup, best way to think about them are as bonds in which the credit rating is determined by the underlying asset quality rather than the company itself.
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Re:The mystique of Goldman Sachs by AnimalMuppet on Thursday December 15, 2016 @04:13PM (#13188453)
TIL.
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