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Politics : THE WHITE HOUSE -- Ignore unavailable to you. Want to Upgrade?

To: sandintoes who wrote (22667)9/19/2008 11:05:36 PM
From: DuckTapeSunroof1 Recommendation  Respond to of 25737
 
Buffett warned about the time bomb... the "Weapon of Mass Financial Destruction" (unregulated financial derivatives such as Credit Default Swaps...) some four years ago:

Message 24967289

And Phill Gramm (with a lot of help from other of the 'no need for the government to have any cops on the beat' crowd...) lies at the heart of the failure to police what grew into a totally unregulated market of some $74 TRILLION in notional value:

Message 24963043


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