4 ms·

I’ll believe it when Wall Street liquidates their real estate positions. Have these executives shorted the housing market?

• atatatat 5y ago
  Did they in 2008?
  • protoax 5y ago
    Yes they did - all the large investment banks were purchasing huge amounts of CDS's as they were continuing to sell bad subprime.
    • atatatat 5y ago
      Yes, toward the end.