Off-Topic: A pretty good article by Stockman on '08 crisis
(Bear Creek Reservoir Specific)
9 messages
Updated 11/3/2023 6:12:58 AM
Lakes Online Forum
83,547 messages
Updated 3/28/2024 10:36:37 PM
Lakes Online Forum
5,192 messages
Updated 3/26/2024 6:58:12 AM
(Bear Creek Reservoir Specific)
0 messages
Updated
Lakes Online Forum
4,168 messages
Updated 2/23/2024 10:21:00 PM
Lakes Online Forum
4,260 messages
Updated 3/24/2024 9:24:45 AM
Lakes Online Forum
2,976 messages
Updated 3/20/2024 11:53:43 PM
Lakes Online Forum
97 messages
Updated 6/7/2023 10:50:31 PM
|
|
|
|
Name:
|
GoneFishin
-
|
Subject:
|
A pretty good article by Stockman on '08 crisis
|
Date:
|
12/13/2014 9:56:34 PM (updated 12/13/2014 9:57:13 PM)
|
|
Have to agree with you. Too bad he wrote the article before the House passed the bill to finance the government and attached deriviative amendment for the banks. Would be interested to read his comments.
"The second rider, custom tailored for the banks of Wall Street, would kill a crucial part of the Dodd-Frank reform law aimed at curbing the banks’ reckless speculation in complex derivatives that fueled the banks’ ignominious collapse in 2008 and fed the great recession. The rider would effectively put taxpayers back on the hook to cushion the banks’ losses in risky derivative deals."
"
|
|