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Message: <blockquote data-quote="Jen E C" data-source="post: 29291" data-attributes="member: 485">I have been reading through the guide (outstandingly written!!) and had a question I am hoping someone could clarify for me. The article points out that banks were sitting pretty happy having repackaged and sold off the mortgages as securities, distancing themselves from the risk. Any money paid by the borrowers went to the investors who purchased them as bonds in the secondary market. However, later on the article states that when borrowers began to default, 'banks were getting no income from their loan'. This seems contradicting to the above as they weren't receiving any of the income anyway?I'd appreciate any help identifying what I have misunderstood somewhere along the way, thanks!</blockquote>

Verification: Our company is called, "The Corporate ___ Academy". What is the missing word here?

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