Over the holiday I met a young analyst who works at one of the top bond rating agencies, analyzing collateralized mortgage debt. These derivatives, in many different forms, were weapons of mass financial destruction that detonated the economy. The cozy relationship between originators, like Goldman Sachs and other investment banks, accountants and ratings agencies are components of fraudulent
Go to Source
Related posts:
- A financial transaction tax on suburban sprawl: if you can’t finance it, they will not come … by gimleteye
- Memo to voters who re-elect incumbents: stop the madness … by gimleteye
- A Florida Sprawl Development’s Road to Foreclosure. By Geniusofdespair and gimleteye
- From the deck chair at the Miami Boat Show … by gimleteye
- Strange Days … by gimleteye