Wall Street Journal: They Crashed the Economy in 2008. Now They're Back and Bigger Than Ever. \ Wall Street expects to sell more than $335 billion in asset-backed debt this year. Remember that conference in 'The Big Short'? It just drew a record 10,000. \ Wall Street is once again creating and selling securities backed by everything the more creative the better-including corporate loans and consumer credit-card debt, lease payments on cars, airplanes and golf carts, and payments to data centers. Once dominated by bonds backed by home mortgages, deals now reach into nearly every cranny of the economy.
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