Economic Crisis - Frontline
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From: GTA
Economic Crisis - Frontline
Did anyone happen to catch FrontLine last night about the economic crisis? Apparently they are blaming it on unregulated million dollar derivatives between banks.
pbs.org if you wish to watch the episode. Very interesting...
pbs.org if you wish to watch the episode. Very interesting...
Registered User
Joined: Jan 2008
Posts: 625
Likes: 5
From: Oakville
Caught a little bit of it.
I personally blame the likes of the Carlyle, Goldman, Blackstone, Onex (in Canada) et al. Too much wealth in hands of too few individuals.
Not to get on a complete tangent but those derivatives would never have been bundled if it weren't for middle-class america putting 5% down on a 40 year period - 5 years removed from obtaining a ged.
I personally blame the likes of the Carlyle, Goldman, Blackstone, Onex (in Canada) et al. Too much wealth in hands of too few individuals.
Not to get on a complete tangent but those derivatives would never have been bundled if it weren't for middle-class america putting 5% down on a 40 year period - 5 years removed from obtaining a ged.
Thread Starter
|
Registered User
Joined: Nov 2008
Posts: 1,060
Likes: 0
From: GTA
Caught a little bit of it.
I personally blame the likes of the Carlyle, Goldman, Blackstone, Onex (in Canada) et al. Too much wealth in hands of too few individuals.
Not to get on a complete tangent but those derivatives would never have been bundled if it weren't for middle-class america putting 5% down on a 40 year period - 5 years removed from obtaining a ged.
I personally blame the likes of the Carlyle, Goldman, Blackstone, Onex (in Canada) et al. Too much wealth in hands of too few individuals.
Not to get on a complete tangent but those derivatives would never have been bundled if it weren't for middle-class america putting 5% down on a 40 year period - 5 years removed from obtaining a ged.
