# Mortgage Backed Securities on The No Agenda Show

Mortgage Backed Securities comes up in 5 chapters across 5 episodes of The No Agenda Show, from April 2010 to August 2026.

- **Chapters:** 5
- **Episodes:** 5
- **Discussed:** April 2010 – August 2026
- **Related topics:** [Mortgage-backed Securities](https://search.noagendashow.net/topic/mortgage-backed-securities.md), [Jamie Dimon](https://search.noagendashow.net/topic/jamie-dimon.md), [Jpmorgan Chase](https://search.noagendashow.net/topic/jpmorgan-chase.md), [Adios Mofos](https://search.noagendashow.net/topic/adios-mofos.md), [Aig](https://search.noagendashow.net/topic/aig.md), [Blackrock](https://search.noagendashow.net/topic/blackrock.md), [Department Of Justice](https://search.noagendashow.net/topic/department-of-justice.md), [Eric Holder](https://search.noagendashow.net/topic/eric-holder.md), [Goldman Sachs](https://search.noagendashow.net/topic/goldman-sachs.md), [Jensen Huang](https://search.noagendashow.net/topic/jensen-huang.md)

## Chapters 1–5 of 5

### Larry Fink and BlackRock, AI Infrastructure as Asset Class

- **Episode:** [1894: Fever Concerns](https://search.noagendashow.net/episode/1894-fever-concerns.md)
- **Published:** 2026-08-13
- **Time:** 1:27:03–1:31:18
- **Transcript:** https://search.noagendashow.net/episode/1894-fever-concerns/chapter/larry-fink-and-blackrock-ai-infrastructure-as-asset-class.md

Larry Fink of BlackRock and Jensen Huang of NVIDIA are spearheading a $500 billion investment initiative to treat AI compute as a new asset class. Critics compare this "financial engineering" to the mortgage-backed securities bubble that led to the 2008 financial crisis. The plan involves raising trillions of dollars from sovereign wealth funds to build out global AI infrastructure.

Keywords: [larry fink](https://search.noagendashow.net/topic/larry-fink.md), [blackrock](https://search.noagendashow.net/topic/blackrock.md), [nvidia](https://search.noagendashow.net/topic/nvidia.md), [jensen huang](https://search.noagendashow.net/topic/jensen-huang.md), [private credit](https://search.noagendashow.net/topic/private-credit.md), [mortgage-backed securities](https://search.noagendashow.net/topic/mortgage-backed-securities.md), financial engineering

### JPMorgan Chase $13 Billion Settlement and Jamie Dimon

- **Episode:** [558: Clouds of Crisis](https://search.noagendashow.net/episode/558-clouds-of-crisis.md)
- **Published:** 2013-10-20
- **Time:** 1:32:36–1:39:35
- **Transcript:** https://search.noagendashow.net/episode/558-clouds-of-crisis/chapter/jpmorgan-chase-13-billion-settlement-and-jamie-dimon.md

JPMorgan Chase reached a tentative $13 billion settlement with the U.S. Justice Department over the sale of troubled mortgage-backed securities. The deal follows a meeting between CEO Jamie Dimon and Attorney General Eric Holder regarding civil and potential criminal liabilities.

Keywords: [jpmorgan chase](https://search.noagendashow.net/topic/jpmorgan-chase.md), [jamie dimon](https://search.noagendashow.net/topic/jamie-dimon.md), [eric holder](https://search.noagendashow.net/topic/eric-holder.md), [mortgage-backed securities](https://search.noagendashow.net/topic/mortgage-backed-securities.md), [department of justice](https://search.noagendashow.net/topic/department-of-justice.md)

### JPMorgan Chase Loss, Mary Ann Lake Litigation Reserves

- **Episode:** [556: Vape like a Ninja](https://search.noagendashow.net/episode/556-vape-like-a-ninja.md)
- **Published:** 2013-10-13
- **Time:** 35:04–41:37
- **Transcript:** https://search.noagendashow.net/episode/556-vape-like-a-ninja/chapter/jpmorgan-chase-loss-mary-ann-lake-litigation-reserves.md

JPMorgan Chase reported its first quarterly loss since 2004, totaling $398 million, primarily due to massive litigation expenses. CFO Mary Ann Lake detailed that the firm has reserved $23 billion for legal matters, mostly related to mortgage-backed securities. Despite the multi-billion dollar penalties and ongoing negotiations with the government, the bank's stock price rose following the announcement.

Keywords: [jpmorgan chase](https://search.noagendashow.net/topic/jpmorgan-chase.md), [jamie dimon](https://search.noagendashow.net/topic/jamie-dimon.md), mary ann lake, [litigation](https://search.noagendashow.net/topic/litigation.md), [mortgage-backed securities](https://search.noagendashow.net/topic/mortgage-backed-securities.md), bank earnings

### Donor Acknowledgments, Adios Mofos, Quant T-Shirts

- **Episode:** [329: Two Batteries One Cup](https://search.noagendashow.net/episode/329-two-batteries-one-cup.md)
- **Published:** 2011-08-11
- **Time:** 1:42:17–1:52:01
- **Transcript:** https://search.noagendashow.net/episode/329-two-batteries-one-cup/chapter/donor-acknowledgments-adios-mofos-quant-t-shirts.md

The hosts read a long list of donations and thank-you notes from listeners, including a child's recording of the "Adios Mofos" jingle. Gifts mentioned include Rick Perry-themed t-shirts and a shirt featuring the mathematical formula used by "quants" to value mortgage-backed securities, which is blamed for the 2008 economic collapse.

Keywords: [rick perry](https://search.noagendashow.net/topic/rick-perry.md), [adios mofos](https://search.noagendashow.net/topic/adios-mofos.md), quants, [mortgage-backed securities](https://search.noagendashow.net/topic/mortgage-backed-securities.md), [ron paul](https://search.noagendashow.net/topic/ron-paul.md)

### Goldman Sachs SEC Investigation and Market Logic

- **Episode:** [194: Blood Trains](https://search.noagendashow.net/episode/194-blood-trains.md)
- **Published:** 2010-04-25
- **Time:** 1:22:29–1:25:35
- **Transcript:** https://search.noagendashow.net/episode/194-blood-trains/chapter/goldman-sachs-sec-investigation-and-market-logic.md

The SEC is investigating Goldman Sachs for its role in selling mortgage-backed securities while simultaneously betting against them. The hosts argue that Goldman's actions were not illegal, but rather a standard practice of hedging investments. They credit Goldman for recognizing the housing bubble early after attending seminars by trader John Paulson, unlike other firms that collapsed.

Keywords: [sec](https://search.noagendashow.net/topic/sec.md), [goldman sachs](https://search.noagendashow.net/topic/goldman-sachs.md), john paulson, [mortgage-backed securities](https://search.noagendashow.net/topic/mortgage-backed-securities.md), [aig](https://search.noagendashow.net/topic/aig.md), [short selling](https://search.noagendashow.net/topic/short-selling.md)

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