Check out this offering http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=8152410&ds=2 from Credit Suisse (NYSE:CS). Who the heck is dumb enough to buy this? Is it just retail investors, or is there some sort of regulatory capital benefit for banks or insurance companies to own this muck? Yikes!
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.