Rehypothecation needs to be added to the list. If more people knew about how often this is used, and how worthless CDOs are because of it, there would be a lot more people jumping out of buildings. I got really sick when I learned of it not so very long ago, and probably from another FReeper. I learn an awful lot here that I wish I still didn’t know.
>>Rehypothecation needs to be added to the list.
Yep.
Got Derivatives?
http://www.google.com/#hl=en&sclient=psy-ab&q=Derivative+fraud
Read Romans 1:18++
Actions and Consequences.
Pay special attention to when the proliferation of homosexuality and other perversions enter the mix as a CONSEQUENCE.
“Therefore, God gave them over...”
We’ve built a self-worshiping Tower of Babel, and its cornerstone has turned to mud in the rain.