Funny video on MBS,CDOs and hedgefund blowing up

[graphrix_IHB]

H-E-D-G-E by Merle Hazard

This guy really was a hedgefund manager that got burned. Should have followed Paulson & Co(not Hank) more closely. His fund is up 410% YTD on bets against MBS.

 

[IrvineRenter_IHB]

I guess it has gone mainstream when they write a country song about it.