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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: Bill who wrote (9423)3/17/2009 10:47:41 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
Take the 'cops' off of the beat... and deliberately create loopholes in the financial regulatory system (total NON-regulation of 'dark pool' or 'off exchange' derivative products) allowing *Trillions* in notional value of 'insurance contracts' to be sold all over the world without ANY REQUIREMENT for backing collateral... and what do you EXPECT WILL HAPPEN?

The cockroaches will swarm out of the walls and have a field day!



To: Bill who wrote (9423)3/18/2009 9:42:02 AM
From: Cage Rattler  Respond to of 103300
 
Sort of depends on which side of the trough you're standing on doesn't it?