22 February 2010
Here's a Surprise
It turns out that the Wall Street firms who set up structured finance instruments, ostensibly to spread risk among many investors, actually concentrated risk, which means that they were charging money from their customers to screw their customers.
Why aren't these people being frog marched out of their offices in handcuffs?
Why aren't these people being frog marched out of their offices in handcuffs?
Labels:
Corruption
,
Crimes
,
Finance
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