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View Diary: America Turning into Japan (89 comments)

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  •  I really, really wish that somebody would explain (0+ / 0-)

    to me how all of these companies can have CDS written by companies that have no hope of ever making good on them.

    how is that not fraud ?

    why isn't senior management of AIG in jail ?

    Why are CDSs still legal, and why do people think they will actually be able to collect on them if they need to ?

    big badda boom : GRB 080913

    by squarewheel on Wed Sep 21, 2011 at 07:47:36 PM PDT

    [ Parent ]

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