kent nickell
Well-known member
Kudos to flutrackers for fantastic coverage of the swine flu problem.. On the economic front...
Janet Tavakoli interview with Steve Forbes
Probably nobody understands CDOs as well as Janet Tavakoli and she was smelling a rat several years ago.. She contends that this economic crisis was no black swan but that outright liars brought down the system and she would like to see perp walks...
""In 2007 virtually every CDO squared that came to market was nothing more than an excuse to hide losses""
""Current Geitner plan is tempting crooks with easy money""
""Lots of perp walks are what is needed"
""Political clout is biased in favor of the financial oligarchy""
""Political clout of financial sector is stunning""
http://www.forbes.com/2009/04/24/tavakoli-credit-derivatives-intelligent-investing-video.html
Janet Tavakoli interview with Steve Forbes
Probably nobody understands CDOs as well as Janet Tavakoli and she was smelling a rat several years ago.. She contends that this economic crisis was no black swan but that outright liars brought down the system and she would like to see perp walks...
""In 2007 virtually every CDO squared that came to market was nothing more than an excuse to hide losses""
""Current Geitner plan is tempting crooks with easy money""
""Lots of perp walks are what is needed"
""Political clout is biased in favor of the financial oligarchy""
""Political clout of financial sector is stunning""
http://www.forbes.com/2009/04/24/tavakoli-credit-derivatives-intelligent-investing-video.html