Dear-
As a newbie in financial market, I had a chance to the Dan Rather report as in
It shows that most credit card debt is a loan NOT by one BUT by numerous fund.
Also many mortgage is NOT a loan by one single BAC for example, BUT by SECURITIZED stock/bond.
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What is the symbol for such junk stock/bond, if I am interest in?
As a newbie in financial market, I had a chance to the Dan Rather report as in
It shows that most credit card debt is a loan NOT by one BUT by numerous fund.
Also many mortgage is NOT a loan by one single BAC for example, BUT by SECURITIZED stock/bond.
***********************************************
What is the symbol for such junk stock/bond, if I am interest in?