” You are under attack ” says Alex Jones of Infowars.com It doesn’t matter where you’re from on the globe. You are under attack by an enemy that is sworn to establish a planetary tyranny. Megabanks that control the national governments of the planet and who have created trillions of dollars of false fiat derivatives [...]
Posts Tagged as ‘CDS’
2008/10/21
Weapons of Financial Mass Destruction
The people who recognized the high likelihood of defaults were able to profit from that likelihood – First , they could sell the mortgage securities short – a straightforward wager that has long been available. Second , they could buy credit default swaps (CDS) from banks and insurers like Merrill & AIG , who charged [...]
2008/09/19
Fat Cats Burden US Taxpayers with Trillions of Dollars of Losses in the Marketplace
On Wall Street and in Washington, there is increasing expectation that U.S. taxpayers will either take the bad assets off the hands of financial institutions so they can raise capital, or put taxpayer capital into the companies, as the Treasury has agreed to do with mortgage giants Fannie Mae and Freddie Mac. As always the [...]