Rolling the Dice Again: Packaging Life Insurances Policies Into Bond Products
by Ralph Nader
September 14, 2009
SleptonMag
The Wall Street gang is at it again! It’s been one year since Wall Street’s collapse and bailout took trillions from taxpayers and the sinking economy. The speculative instruments that pulled down the economy were those super-risky sub-prime mortgages, credit default swaps, collaterized debt obligations-you know-Las Vegas East, using other peoples’ savings. Read the rest of this entry »
In These New Times 