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Sunday, April 18, 2010

The Magnetar Trade: How One Hedge Fund Helped Keep the Bubble Going (Single Page) from ProPublica.com

Worth the read for anyone who wants to understand what happened to cause the economic crash from inside the complex world of collateralized debt obligations, credit default swaps, and individual bankers, CDO managers, and hedge funds.

http://www.propublica.org/feature/all-the-magnetar-trade-how-one-hedge-fund-helped-keep-the-housing-bubble

If you prefer listening to the story, you can stream it or download the an MP3 file from http://www.thisamericanlife.org/radio-archives/episode/405/inside-job

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