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60 Minutes: A Look at Wallstreet's Shadow Market P2

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Uploaded by on Oct 5, 2008

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News & Politics

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  • likes, 88 dislikes

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  • Having lived in Canary Wharf London - I used to watch the bankers go to the bars daily - snorting coke at their lunch breaks.

    What you are hearing is totally true. The Directors knew what they were doing. they deliberately created a system to get around the laws. They have committed a crime of treason against their own people. No one - and I say no one in charge of selling them in the last 3 years is ignorant. This is called organised crime. Confiscate the benefits and send them all to jail.

  • I warned everyone about all this a couple years ago, but would they listen to me?

    Nooooooooo....

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  • @Mishpassion were they really snorting coke at their lunch breaks ? :)

  • Hidden leveraged bets - underlying risk - In poker its called the Suck out

  • this is why i own a safe with my money

  • if we have fractional-reserve banking system, how are credit default swaps even legal? you would think the same principle would apply across the board no matter what you decide to call something.

  • not only was it planned but they pandered to retirement funds, ira funds, pension funds... they knew this was going to explode, the pushed the button and swallowed up all these people's life investments.

    They should be in jail, but they are the one's that invest in political campaigns more than anyone else.

  • LOL i like the pencil point one. one thing is interesting, they (dont know what to call them, but yeah the evil 1's doing all this evil) say, after stealing peoples money with lies and putting us more in "debt", they want to blame ppl who are on aid, pinning them as the ones ruining the economy. omg, what about all the money they have after lying, this is nothing, they've always lied about things and taken money from everyone, and just how keflar5 said, 1 word, planned, i'll also add 1 world=nwo

  • People, you are looking at one of the Evil ones....did you see how he had no answer for who would affect change....since he himself is on the board? He knows the common people cannot do anything about it.....

  • What a sleaseball, look at that smirk.

  • They knew exactly what they were doing.

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