Quote:
Originally Posted by kenny
Those banks are either foreign or are US bailout banks. All are making profits off of CDS bets.
Tax payers are shipping money offshore and paying off insurance claims using AIG as a proxy.
This is the biggest robbery in World History and they are doing it in broad daylight.
|
LOL..exactly what i think. those list of banks are actually the smart ones. like they say there is always money being made by someone even in a recession. AIG is just like one big front to conceal who the robbers are. in actuality though, you can't blame those institutions because they actually did what was best for their business and it was all legal and within the regulations created. it was the government regulations which was broken and allowed this to happen, and of course the creation of CDS. CDS was a step forward in intertwining the world into an even more global economy, but i guess some aspects of a global economy are bad. if one nation goes bust it affects every other nation in the world. again, GO USA!!!! for hiding this from the people that our government is suppose to be serving and whose money they are actually using to make the payoffs.