Re:U.S. Files Criminal Charges Against Theranos’s Elizabeth ...
by wgerard on Saturday June 16, 2018 @09:20AM
(#17327277)
The book and movie do a pretty solid job about explaining what CDOs, derivatives, etc. are.
What the book and movie don't do (unless I'm forgetting something) is explain how anything involved with the 2008 crisis was illegal - the sole exception being that CDSs are very arguably insurance contracts and should be regulated by insurance laws.
What the book and movie don't do (unless I'm forgetting something) is explain how anything involved with the 2008 crisis was illegal - the sole exception being that CDSs are very arguably insurance contracts and should be regulated by insurance laws.