Really? Care to back your bullshit up? Tell us the history of SPEs being used to get fraudulent ratings applied to real estate traunches.<quoted text>
SPEs have been utilized for years.
But hey, you are progressing. No longer blaming the CRA. Now you are blaming the institutions who bundled bad loans & bought AAA credit ratings for them. Now, if you only could understand that all sub prime mortgages were not CRA.
You haven't told us what a Special Purpose Vehicle is yet, dumbass.
Tell us what it is.