Former subprime player says he can now bypass mortgage market for climate risks and Covid – CNBC

During the mortgage bubble of the early 2000s, when investors feverishly traded defective subprime bonds, a few savvy skeptics recognized the bonds were doomed to fail, so they bet against them. They shorted bonds and made billions. Now one of these players is doing the same, but not on subprime. It does so based on […]

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