The Shady Bunch | Part I | 31
Scamfluencers
The Chris Lee's Scam
The Big Short is about a company that buys mortgages from banks. When people can't pay their subprime loans, the banks put their homes into foreclosure. The Chris Lee's company swoops in and helps a bank fix up and flip the properties at a profit. While all this is happening, Fannie Mae is being bailed out by the government to the tune of billions of dollars.
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