https://en.wikipedia.org/wiki/Subprime_mortgage_crisis
https://www.youtube.com/watch?v=mzJmTCYmo9g
Here is a comedy bit by “Bird and Fortune” regarding the subprime banking thing - back BEFORE it fell.
The one part I liked was something like
“So take the High Gold Exceptional Mortgage Strategy Investment Fund.”
“Oh - is that a good fund?”
“Oh it’s a very good fund! It has the word “high” in it - that’s good. “Gold” - another good word, and of course “Exceptional”! And strategy sounds like it is well-thought out.”
“So this is a good fund to invest in?”
“I have no idea - but the name is sure great!”