Monday, September 14, 2009

Weapons of our Economic Destruction

Blythe Masters - inventor of Credit Default Swaps




Thank you!!

Countrywide, Ameriquest, New Century Financial, Crestline, Encore

Thank you!!

Fannie Mae, Freddie Mac

The Weapons of Mass Destruction

Collateralized debt obligations
Credit-default swaps
Subprime mortgages
Adjustable-rate Mortgages
Predatory lending
Feeder funds
Arbitrage



No comments:

Post a Comment