Added: 1 year ago
From: unlistedoo7
Views: 8,926
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  • Curious about those swaps. Berry participated in the development of insurance against these crap securities and then took out policies. What was his insurable interest? Why would anyone want to issue that policy?

  • Awful, awful, awful!! How could they do it? Have they got no morals at all? This is where capitalism equals egoism...and it has not stopped. Those executives caused the crisis...in the WHOLE world...not just the US. This story should be told to the whole world. I saw a program last night..the truth was even that Bush is part of it.

  • You have lots that you need to know more about....

  • incredible story! but where the moral hazard started? government guaranteed loans? there was no concern to lose other people's money at all.

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