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Old 01-30-2009, 12:14 PM   #1
onwebcam
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Bailout This!

Everyone keeps preaching it was the poor people that bought homes they couldn't afford. Well here's the hard facts. The top 4 banks alone hold "$165 Trillion in notional derivatives and the associated credit risk related to $15 Trillion in Credit Default Swaps" and have just under 3 Trillion in actual assets.

http://www.globalresearch.ca/index.p...t=va&aid=12053

Think this is something new? No it's been building up for nearly 20 years

http://www.gold-eagle.com/editorials_00/ci091500pv.html

It is estimated that there are $1.4 Quadrillion in derivatives floating around out there

http://www.gold-eagle.com/editorials...itt061608.html

This isn't just a US problem. This is why the worlds economies are imploding and who's taking the blame? The people. Not the bankers who have created this mess.

What are Derivatives?

http://en.wikipedia.org/wiki/Derivative_(finance)

What are Credit Default Swaps?

http://en.wikipedia.org/wiki/Credit_default_swap
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Last edited by onwebcam; 01-30-2009 at 12:18 PM..
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Old 07-20-2018, 05:12 PM   #2
Bladewire
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So what's your point?

Blocked alt-right hate fake nuc reply in 3... 2.. 1 ...
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Old 07-20-2018, 05:13 PM   #3
Boozer
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^^^^ point is that you are a Ukrainian troll.
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Old 07-20-2018, 05:16 PM   #4
Bladewire
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↑↑↑ I was right again

It's disability is mania, obsessive compulsive disorder, low self esteem, morbid obesity & low IQ
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Old 07-20-2018, 05:19 PM   #5
onwebcam
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Quote:
Originally Posted by Bladewire View Post
So what's your point?

Blocked alt-right hate fake nuc reply in 3... 2.. 1 ...
The point is I was right.. It was eventually admitted the derivatives were the culprit. Obama put restrictions on you and I though... Rochard will still under water on his home when the next one hits because of that.
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Old 07-21-2018, 04:03 AM   #6
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please focus on the illegals and the muslims...do not focus on the big banks entering your ass like a freight train
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Old 07-21-2018, 04:51 AM   #7
BaldBastard
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good time to be rolling back banking regulations...
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