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To: RSmithOpt
... what built the false derivatives economy on a global basis.

Actually, I thought that the key word for that would be "insurance", of viaticals variety, with the total value of insurance settlements comprising multiples of underlying value (which no sane insurance company would ever underwrite).

15 posted on 01/27/2009 3:32:05 PM PST by CutePuppy (If you don't ask the right questions you may not get the right answers)
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To: CutePuppy

Makes me wonder to ever trust anyone in “investment banking”, I mean colluded theft.


16 posted on 01/27/2009 4:27:25 PM PST by RSmithOpt (Liberalism: Highway to Hell)
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