Will the bailout for Democratic Capitalism avert Depression?

Tags: + + + + + + + + + + +

For years US banks and their off-balance sheet subsidiaries originated mortgages with no money down, easy to meet, first year payment terms and then sold them to Fannie Mae, Freddie Mac and Ginnie Mae which guaranteed them enticing worldwide investors to purchase them in the secondary market. These same banks also structured derivative contracts to […]

October 1, 2008 - Economy, Markets, Politics - 0 Comments

Will the Credit Crisis play out with favoritism granted to the well-connected?

Tags: + + + + + +

Greenspan as head of the Federal Reserve consistently argued that Derivative Securities should not be regulated as they were important tools by which banks could offset risk.  Though the Congress didn’t understand most everything the former Fed Chairman said during his terms at the Federal Reserve, the plain language stuff was goo-gawed at and acted upon

March 14, 2008 - Economy, Politics - 0 Comments

Your Ad Link Here!

Your advertising copy here.

www.advertiser-url.com




Your Ad Link Here!

Your advertising copy here.

www.advertiser-url.com




Your Ad Link Here!

Your advertising copy here.

www.advertiser-url.com

Powered by WordPress. Entries (RSS) and Comments (RSS).
©2008 SeriousBull. All Rights Reserved.