re: #100 Bagua
Exactly, that was one of them, elsewhere he called the mortgages “worthless”. Lots of exaggerations like that.
In all fairness, I think that the point of this clip was to give people who are not steeped in the acronyms, intricacies and arcane workings of financial markets a basic idea of why we are up to our ears in shit at this particular moment. Identifying whose shit it is, wasn’t really the point.
I think that goal was achieved.