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10: The Great Deleveraging, a Fundrise market analysis

Onward, a Fundrise Production

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What's the Biggest Loss in Wall Street Securitization?

The gap between where the bank lent and the equity stopped is a mezzanine place or second trust or middle of the stack. That got filled by non-banks, which technically is just anybody who is not an FDIC supervised. So you really saw a restructuring of the financial sector after 2008. The whole financial sector reorganized around this new structure.

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