Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: dennisw

Congress should declare the CDS void and unenforceable as a matter of public policy. Leave the last one holding the bag the sucker in what was always a sucker’s game. It’s mostly spec money that never actually existed anyway.


17 posted on 03/11/2009 5:21:46 AM PDT by henkster (0bamanomics: "I'll loan you all the money you need to get out of debt.")
[ Post Reply | Private Reply | To 3 | View Replies ]


To: henkster
Congress should declare the CDS void and unenforceable as a matter of public policy. Leave the last one holding the bag the sucker in what was always a sucker’s game. It’s mostly spec money that never actually existed anyway.

I pretty much agree but it still might crash the system really really bad

26 posted on 03/11/2009 6:07:09 AM PDT by dennisw (0bomo the subprime president)
[ Post Reply | Private Reply | To 17 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson