Quantcast
Feeds: Email, RSS & Twitter

Get Our Videos By Email

Powered by Squarespace

 

 

Search The Daily Bail Archive Of 15,000 Videos

SEARCH THE DAILY BAIL

SPONSORED BY  

 

Hank Paulson Is A Criminal - Pass It On

Bernanke's Failures Caught On Tape

"The Federal Reserve Is A Ponzi Scheme"


Get Our Videos By Email

THE FED UNDER FIRE: Must See Clip

Bernanke's Replacement: Happy Hour In Santa Cruz

Must See: National Debt Road Trip

"Of Course We're Not Going To  Payback the Chinese."

Dave Chappelle On White Collar Crime

Carlin: Wall Street Owns Washington

SLIDESHOW - The 11 States Most Likely to Go Bust

SLIDESHOW - 7 Really Big Holes - Don't Miss #7

SLIDESHOW - Molotov Cocktails In Greece

SLIDESHOW - The Sights, Sounds & Women of Texas

SLIDESHOW - Genius Signs From Irish IMF Protest

SLIDESHOW - Egyptian Revolution - Graphic PICS

SLIDESHOW - U.K. Student Riots

SLIDESHOW - Airport Security Cartoons - TSA

Most Recent Comments
Cartoons & Photos
SEARCH
« Et Tu Motorhead? - Motorhead Beats Up Banksters In Christmas Single | Main | Fed's Emergency-Loan Borrowers Included Foreign Banks, Goldman Sachs, GE, McDonalds, PIMCO & Michael Dell »
Friday
Dec032010

How Goldman Sachs & Merrill Lynch Created Garbage, Paid Themselves HUGE Bonuses & Treasury Covered It All Up

Janet Tavakoli on Goldman, Merrill, synthetic CDOs, and Treasury's cover-up.

  • "Synthetic CDOs stuffed with nothing but hot air. Hot air paid their bonuses."

---

More detail on this video:

 

 

From Janet earlier today:

Goldman Sachs Sued by German Bank Over an AIG CDO Bailed Out by Taxpayers (Updated)

 

 

 

Screenshot

 

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (4)

Oct 7, 2010 at 6:26 PM | Registered CommenterDailyBail
Oct 8, 2010 at 1:52 AM | Registered CommenterDailyBail
Quantitative easing, once again, won’t create economic growth. It will just reprice assets. In the Keynesian model, it is supposed to drive money out of safe-haven refuges (which have a negative real return) and into brick-and-mortar and, presumably job creation. What it does, in fact, is turn gold into a safe haven, and force an increase in the savings rate! That’s because prospective pensioners who thought they could retire with a 7% annuity are looking at a 4% annuity instead. They simply have to save more, and that’s bad for consumption. The cost of money isn’t the main obstacle to job creation. Obamacare and associated regulatory burdens are the big problem.

http://blog.atimes.net/?p=1586
Oct 8, 2010 at 3:09 AM | Registered CommenterDailyBail

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
All HTML will be escaped. Hyperlinks will be created for URLs automatically.