Credit Suisse securitises yacht loans to oligarchs and tycoons

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Interesting financing story shirafu

Interesting. Any link to the presentation?

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Lets hope the insurance companies don't buy that crap and then screw the poor when this 'insurance product' goes sideways.

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Suppose I had a small loan for a yacht and then they wanted me to pay to remove a bridge to get it to sea. Can I get that included? *Asking for a friend*

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