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Mish's Global Economic Trend Analysis is the #1 Blogger for US Economic Bailout of 2008
Credit Swap Disclosure Obscures True Financial Risk
The most comprehensive report on unregulated credit-default swaps didn't disclose bets in the section of the more than $47 trillion market that helped destroy American International Group Inc., once the world's biggest insurer.
I am thinking about the millions of workers who were cut loose by their partners, their government, their businesses, their bosses, their schools, institutions. The rope has been cut. How did this happen. When did it happen? Was it the crash or the Mad(off) men or the shock and awe of the (don'...
Sat, Jan 30 | from Huffington Post