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chancho on June 7, 2010 | parent | context | favorite | on: Glenn Reynolds: Higher education's bubble is about...

Start buying up student loan debt and pooling them into Student Loan Backed Securities (SLBS). Tranche and rate them based on US News & World Report school rankings, sell these CDOs to wealthy institutional investors worldwide, then have your business partner short the shit out of them.

arethuza on June 7, 2010 | [–]

You mean SLABS?

http://en.wikipedia.org/wiki/Asset-backed_security#Student_l...

JoeAltmaier on June 7, 2010 | [–]

Interesting artile on Hn this AM about Bernie Madoff. Coincidence?

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