I hope everyone had a great Thanksgiving. Its my extended family’s favorite holiday to get together. My kids and I overwhelmingly concur that the best benefit of the post-thanksgiving festivities are the amazing sandwiches comprised of leftovers: turkey, stuffing, cranberry sauce, horseradish/mayo, mashed carrots, turnips, potatoes on fresh bread.

However, in subprime tranches, investors didn’t know what ended up in their sandwiches [?????] so the lesson is… eat them at your own risk.

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One Response to “Thanksgiving Tranches”

  1. Noah says:

    ha! great post..very clever