Saturday, June 13, 2009

Credit Default Swaps


http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/5514341/George-Soros-urges-governments-to-outlaw-toxic-credit-default-swaps.html

George Soros has it right, the markets are corrupt and need some major reform. A little too late to be talking like this, as you made millions off the exact scheme you want stopped?

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