If Liquid Funding have been left keeping huge quantities of these types of securities as collateral, it could have misplaced huge amounts of funds. Liquid Funding was in the beginning forty p.c owned by Bear Stearns. The implosion of this kind of complex securities, because of their inaccurate rankings, led to the collapse of Bear Stearns in March 2008 and set in motion the economic crisis of 2007-2008 and the subsequent Great Recession.