Securitization: The Biggest Rip-off Ever
By Mike Whitney
Is it possible to make hundreds of billions of dollars in profits on securities that are backed by nothing more than cyber-entries into a loan book? It's not only possible; it's been done.
http://informationclearinghouse.info/article22775.htm
http://freepage.twoday.net/search?q=Mike+Whitney
Is it possible to make hundreds of billions of dollars in profits on securities that are backed by nothing more than cyber-entries into a loan book? It's not only possible; it's been done.
http://informationclearinghouse.info/article22775.htm
http://freepage.twoday.net/search?q=Mike+Whitney
rudkla - 5. Jun, 23:30
