The Latest Spin In The GSE "Take From The Poor And Give To The Rich" Saga: The Reverse Robin Hood Construct

Tyler Durden's picture

The latest submission for the "Getting Your Blood Boiling in 60 Seconds" award. The Convexity Maven, aka ML's Harley Bassman, shares his musings on the latest "Reverse Robin Hood" government endorsed GSE paradox (aka taking from the poor and giving to the rich), submitted by Merrill Lynch's Harley Bassman.