MF Global Explained

http://www.heraresearch.com/ This video explains causal links between OTC derivatives, the financial crisis of 2008, Alan Greenspan, Robert Rubin, Larry Summers, Jon Corzine and MF Global.

Category:

News & Politics

Tags:

• xtranormal
• MF Global
• CFTC
• CME
• OTC derivatives
• futures
• options
• systemic risk
• financial crisis
• bailouts
• Alan Greenspan
• Robert Rubin
• Larry Summers
• Jon Corzine
• silver
• gold
• commodities
• mining stocks

[MX3516]

(7:40) "Is this a joke, I thought this was the United States of America? No it is not.....a joke."

FABULOUS!

[HansTheAtheist]

39x "allegedly" or "alleged".

[VirtuesXVyses]

Lmao! Great and accurate.

[oldereb38]

just read where MF sold mega European securities to Goldman days before SHTF. Funds cleared thru Morgan Chase, Morgan has $1.2 billion revolving credit with MF. MF has not received money for the sales.

But this would not relate to theft of customers accounts.............

There is no honor among thieves.

[oldereb38]

@matthewleising JP Morgan Jamie is alleged to have threated termination of all family members if Corzine did not raid the accounts. Was Morgan bank A or bank B ? Who was the other involved bank ? (from your account, bank B would have their tit in the wringer; bank A would be a European entity ?)

[oldereb38]

@veganath For a mathematical analysis of how the Fed inflates the money system, and gains the entire profit via the Treasury auctions using the FRBNY and hides the profit ($1.4 trillion in 2010) that should be legally paid to the government (and violates criminal statutes), go to 3w scribd dot com slash doc slash 49040689 RIP OFF BY FED RESERVE

[pmarie2003]

@leolookingup Get glass jars with plastic lids. Seal with melted paraffin and put in heavy, plastic bags.

[pmarie2003]

I had some silver and gold, but I cashed it all in to buy those new, ugly, plastic Air Jordans that the sheep were fighting over. ;-)

[matthewleising]

@looknatu2 MF wasn't using derivatives. it bought billions of dollars of European debt with borrowed money (in a nutshell -- it bought the bonds from Bank A and then loaned the bonds to Bank B to get cash to pay Bank A for the bonds. This trade makes money by earning the difference between the interest rate on the debt and the interest rate on the loan it received from Bank B). The transactions were cash, no derivatives or credit-default swaps were used.

[looknatu2]

@matthewleising explain more

[jx14aby]

I've got the answer!  The entire planet declares bankruptcy!

[pigeonpsycho]

THE ALAN GREENSPAN