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Home > APM: Marketplace Whiteboard > How credit cards become asset-backed bonds
Podcast: APM: Marketplace Whiteboard
Episode:

How credit cards become asset-backed bonds
Category: Business
Duration: 00:00:00
Publish Date: 2008-11-25 22:23:54
Description: Mortgages aren't the only financial instruments that get turned into securities. Marketplace Senior Editor Paddy Hirsch explains how companies make money by buying credit card debt and bundling it.
Total Play: 0

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