Congressman Michael Capuano nails WallStreet Crooks
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Uploaded by randomusername999 on Feb 11, 2009
Congressman Michael Capuano nails WallStreet Crooks. It is banks CEOs fault for crisis we are in.
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The crisis will not be solved by politicians, but economists as always.
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@jtd3k Your the fucking IDIOT. These things WERE FUCKING ILLEGAL, chucklehead. These assholes systematically weakened financial checks and balances and laws against speculations and derivatives that were in place since the fucking great depression. Shut your fucking hole, you don't know wtf your talking about. Either that or you work on wall street, in which case you should be taken out and shot.
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Owned
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these bastards should all be jailed, them and many more.
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5 minutes well deserved.
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@siennacollege Its a complicated financial product, in some cases the sellers of these products don't even know what they are themselves. Heres a video about it: /watch?v=m3im-iJdhv4.
If the derivative bubble valued roughly at $1.5 Quadrillion ($1,500,000,000,000,000) collapses then it'll make the ongoing financial crisis look like a blip.
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what the hell is a derivative?
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According to Fox News, a Credit Default Swap is just Capitalism. They leave out the "abuse of" Capitalism part.
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Anyone sophisticated enough to understand how Credit Default Swaps and Naked Short Selling not only profit from destruction, but create incentives to CAUSE that destruction, know this man had the balls to look these 7 traitors in the eye, and threaten them on the behalf of 300 million American victims. Notice how the mainstream news made sure most of us were never made aware of it. 8600 views in 2 years. We are the puppets they designed us to be.
farmboycarl 11 months ago 27
Wake up America! Your country is not yours anymore. Vote Democrat OR Republican... they are both liars, bribed by interest groups and corporations and DO NOT HAVE YOUR INTERESTS IN MIND. You are too busy taking serious interest in meaningless things that have no impact on your lives (like American Idol, reality tv shows, music "scene", celebrity personal lives). How can the "wealthiest" and "most powerful" nation in the world have poverty and credit slaves?
archados 11 months ago 13