Tuesday, October 14th, 2008
The bailout plan wants to give unlimited cash to the banks that need it with the only restriction is to use it prudently! Well if you look at the root causes of this you will see that the unlimited money to the banks is actually limited. It's really borrowed money ...
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Sunday, October 12th, 2008
Derivatives at the heart of the crisis, catastrophic losses are inevitable, financial system headed for oblivion, the new world disorder, EU doomed, Credit Default Swaps at the heart of the problem, Plunge Protection Team history, coverups for globalization failures, Bloodbath for the Yen, The heart of the current crisis is ...
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Tuesday, October 7th, 2008
Hugh Sunday explains the predators’ techniques in A short rough primer on leveraging and derivatives: “Leveraging means something like this. You sell $10 million in stock. You use this money as the basis to take out a loan so you can buy $100 million in mortgages. Now say you issue ...
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