He figures prominently in the Gregory Zuckerman's book, The Greatest Trade Ever, and also in The Big Short, Michael Lewis's contribution to the sub-prime mortgage bond market crash canon. (greenbackd.com)
What caught my attention in late 2007 were the weird, amorphous, and ever growing trading losses in the subprime - mortgage bond market suffered by the big Wall Street banks. (vanityfair.com)
After the spring 2007 bounce, the subprime mortgage bond market started to fall again in early June, this time for good. (bullmarkets.co)