These derivatives are just a financial device that is used to redistribute wealth. If I sell you toxic assets (bad mortgages), then I bet that your assets will fail - that bet is a derivative. All I need is a giant, to-big-to-fail bank like AIG to insure that bet and I'm golden. THAT is the scam! Now let's see some arrest reports or at least some legislation.
Each of these incompetent executives is personaly responsible for destroying the life savings & incomes of millions of hard-working families. They stole from tese families & used the ill-gotten cash to gamble away hundreds of millions. These walking pant-loads are examples of how this insatiable greed can corrupt & destroy.
Oct. 17/09: NEW YORK (AP) - Regulators shut down San Joaquin Bank in California on Friday, marking the 99th failure this year of a federally insured bank.
abdighazi: Absolutely, you know it. These guys all have to get programmed and get their list of people they are supposed to call to find out what they are supposed to do.
Never trust a Jewish "expert". By the way, who let all these Jews rise to power and fuck up our country?
politicoochie09 4 months ago
twust
draphaelc 9 months ago
It's "perp" walking, stupid. "Perp" as in perpetrator.
Zeldovich 1 year ago
These derivatives are just a financial device that is used to redistribute wealth. If I sell you toxic assets (bad mortgages), then I bet that your assets will fail - that bet is a derivative. All I need is a giant, to-big-to-fail bank like AIG to insure that bet and I'm golden. THAT is the scam! Now let's see some arrest reports or at least some legislation.
DojoNDude 2 years ago
1500 trillion ? is there that much money in the world, here,s an idea declare them null and void!
and start from scratch.
pwbpeter 2 years ago
rich and intelligent people will always manipulate ignorant poor people to increase their wealth
dave997 2 years ago
Each of these incompetent executives is personaly responsible for destroying the life savings & incomes of millions of hard-working families. They stole from tese families & used the ill-gotten cash to gamble away hundreds of millions. These walking pant-loads are examples of how this insatiable greed can corrupt & destroy.
pig5689 2 years ago
JP Morgan and the FDIC are being sued!!!
WILL WASHINGTON MUTUAL GET THE STOLEN MONEY(4BILLION) BACK FROM JPMC ON THE 22nd OCT 2009??
COURT HEARING IN DEL ON 22nd OCT 2009
SEARCH FOR "Court hearing: $4B turnover action Summary Judgement Motion @ 9:30AM (Del)"
JP Morgan and the FDIC are being sued!!!
RCWilliam123 2 years ago
USA government of the Bankers, by the Bankers, & for the Bankers.
rkspan5868 2 years ago
makes Martha Stewart look really small-time on the insider trading. I wonder if any of these big fish will serve any time?
Plum369 2 years ago
Makes Bernie seem small time, lol.
70road 1 year ago
Barnie and Dodd look like they want to kiss each other at 5:59...
Amyls64 2 years ago
Sing it with me!
"Ninety-nine insolvent banks on the wall! Ninety-nine insolvent banks! Take one down, pass it around...
Gravija1980 2 years ago
Timothy Geithner has dumb hair
DisintersGroup 2 years ago
Comment removed
DisintersGroup 2 years ago
Make that 99 banks!
Oct. 17/09: NEW YORK (AP) - Regulators shut down San Joaquin Bank in California on Friday, marking the 99th failure this year of a federally insured bank.
TheSharpenedPen 2 years ago 4
Comment removed
abdighazi 2 years ago 5
abdighazi: Absolutely, you know it. These guys all have to get programmed and get their list of people they are supposed to call to find out what they are supposed to do.
klard 2 years ago