CDS

Canadian Banks Avoided Mortgage Meltdown

CBS News Bankers Eschewed Subprime Loans, Mortgage Securities; The Result — No Bank Failures Two more U.S. banks were taken over by the government overnight. And while a number of this country’s biggest banks reported improving conditions this week, some of their accounting methods have been questioned. One place where none of this banking drama […]

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Matt Taibbi: The Big Takeover – Rolling Stone Magazine

The global economic crisis isn’t about money – it’s about power. How Wall Street insiders are using the bailout to stage a revolution ROLLING STONE | March 19, 2009 The Big Takeover- Matt Taibbi It’s over — we’re officially, royally fucked. No empire can survive being rendered a permanent laughingstock, which is what happened as […]

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