Obviously, you don't.<quoted text>
What is really scary is that you have these posts cataloged & then copy & paste them over & over.
What kind of nutjob does this?
"special Purpose Vehicle"? You don't even know what one is.
I've explained what they are several times here, and exactly what their part was in the economic collapse. You should have been paying attention. You would have learned something. You know, Ben Bernanke mentioning them in his testimony to Barney Frank's committee should have indicated to you they had importance of significance.
Do I have to explain what a Special Purpose Vehicle is again for you? Or, can you tell us what they are?
I'm guessing you don't have a clue. Therefore, because they were the key element in getting fraudulent ratings for the worthless traunches comprised of failed CRA mortgages, you haven't got a fucking clue why or how the economy collapsed.
I want you to tell us what a Special Purpose Vehicle is, or just say you don't know anything about what you copy and paste here.
A "Special Purpose Vehicle" is...(why don't you finish that sentence and show us you know what you're talking about.)