Oh My F**king God, They're Doing It Again

Oh My F**king God, They're Doing It Again Submitted by QTR's Fringe Finance Assholes who wear Vineyard Vines all summer on Wall Street have once again put those Wharton PhD’s to good use by again “discovering” that assets so toxic and illiquid they make drinking cement taste like Fiji water apparently become safe when you rearrange them, rename them, and place an insurance company between the losses and the people buying them. Sound familiar? According to Bloomberg, UBS and o...

By Tyler Durden