Posts Tagged ‘credit default swap’

SECURITIZATION: How our society changed when we learned to turn lead into gold.

SECURITIZATION: How our society changed when we learned to turn lead into gold.

Before securitization children were raised receiving fewer presents for their birthdays and holidays and I don’t need a source for that statistic. Water is wet, the sky is blue, and that’s a fact. Hotel rooms never cost $600... (Continue reading)

Ice, Ice Baby Icelands people give cold shoulder to paying for acts of reckless bankers.

Ice, Ice Baby  Icelands people give cold shoulder to paying for acts of reckless bankers.

Now, the British and Dutch governments want their money back, but Iceland’s people are saying, well… no, not to put too fine a point on it. You might even say that the Icelanders are saying: “Hell no!” ... (Continue reading)

BREAKTHROUGH: Why Americans Are Allowing the Foreclosure Crisis to Continue

BREAKTHROUGH: Why Americans Are Allowing the Foreclosure Crisis to Continue

More than half of our country doesn’t care about the foreclosure crisis because to them, it’s just bankers acting in their own best interests by foreclosing on homes that borrowers irresponsibly bought knowing they couldn’t afford them. It’s therefore... (Continue reading)


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