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View Diary: Cyprus Bailout Rethink (13 comments)

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  •  jargon again.... (3+ / 0-)
    Recommended by:
    DRo, hnichols, cynndara

    con men don't come right and tell you what they're doing, they try to disguise it, they bury it in gobbledygook.

    I always think of those whiz kid math PhDs Wall Street was hiring to create "innovative" derivatives products....money shouldn't be (and never needed to be) that goddamn complicated. Unless, of course, it's serving somebody's purpose.

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