The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Secret_Agent_Man who wrote (17903)	2/25/2009 5:39:07 PM
From: carranza2	4 Recommendations Read Replies (1) of 71412

Roberts gets it. A wonderful, truth-filled article. Thanks for bringing it here. He sees part of the solution being the declaration of CDS fraudulent. I would declare them insurance, then invalidate the ones on which the holder of the CDS does not own the underlying security on the ground that he does not have an insurable interest, that's he is in effect gambling. Oh, yeah, I like that kind of activist justice. Someone ought to try it. Could be accomplished via state insurance commissioners, too, a much more, ah, realistic, bunch.

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