Friday
Nov192010
Ben Bernanke The Bubble King
Video - Reuters financial writer Felix Salmon compares the bubble blowing records of Zimbabwe Ben and Alan Greenspan, with focus on QE2...
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Felix from last week...
Video: Felix Salmon says investment banks face massive legal risk due to the way they built their mortgage bonds. He explains EXACTLY how banks built these bonds - with lies and cover-ups every step of the way.
This is a very good clip. Runs 2 minutes. Don't skip the last 30 seconds and Salmon's conclusion.
Story background:
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Reader Comments (4)
You have no idea what's about to hit you. I hope all those PhD's can figure out how to pull rusty shivs out of Wall Street livers witout bleed-out, gangrene, or otherwise infectious death.
If I'm to trust Vegas, I put you at a generous 38-1 shot. Unless you shitheads, of course, can produce a more accurate book. Which you can't, idiots. For this reason, I'm going to Vegas on your dime and I'm winning. But I ain't paying you milque toaste motherfuckers jack shit in taxes, even when I gotta cash say 38 signers on the $756 dime super.
Me and my crew are street fighters, motherfucker, and we're coming public to see who gonna stop who. You game, Timmy and Benny?
really sucks!
@| Cheyenne Good to see im not alone with my goverment anger getting the best of me...........!