What Banking Division is This?
I have watched The Big Short a couple times, but I don't understand what division these guys are from. Would they be from the Debt Capital Markets group since it had to deal with swaps on MBS?
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Sales probably. They're technically selling Michael Burry insurance
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"Do you have friends or family that would be interested in purchasing our policies and services?"
"No, I don't believe so."
-Northwestern Mutual has left the chat
Credit derivative sales
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