Greedy Banker's Rap

Greedy bankers get jiggy.
No Income no job no assets no problem.
bailout
wall street
greedy bankers
derivatives
wall street bankers
obama
subprime loans
sub prime loan crisis
explaining wall st. crisis
explaining subprime
subprime derivitives
subprime derivatives
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subprime loans insurance flop
bankers comedy
explain subprime
john mccain
bail out
pallin crisis
wallstreet
explain derivatives
obama biden
bankers
derivatives wall st
subprime loan

Category:

Comedy

Tags:

• Bailout
• Bankers
• Greedy
• Wall Street
• derivatives
• mortgage backed
• Canadian
• toronto
• bailout
• greedy bankers
• wall street obama subprime loans
• sub prime loan crisis
• explaining wall st. subprime
• derivitives
• derivatives
• banker
• insurance
• flop
• bankers comedy
• explain john mccain
• bail out
• pallin wallstreet biden bankers derivatives st
• loan

[lowkeyname]

That's as simplistic has this silly little video. Really now, the problem stems from the belief that the people with the golden goose would regulate themselves because it was in their own best interests (Greenspan's ideal world). The banking systems that resisted to some extent the relentless push for deregulation are in far better shape. Anybody who believes that the very people who are profiting from the system can be trusted to regulate themselves

...continued

[lowkeyname]

is either naive or a greedy bastard trying to make his screw you money before the whole house of cards collapses. Greedy or naive I don't trust the inmates running the assylum.

[lowkeyname]

Thanks.

[lordjacien]

Sounds like 'Dewy,Fuck'em and How'

[Ooftyman]

Sorry, but this isn't even remotely true to reality. Despite the claims that it's "greedy" investment banks, the central banks (the Federal Reserve here in the US) are responsible for establishing loose monetary policy which resulted in the change of time preferences of capital markets...which resulted in the boom. This unsustainable credit expansion inevitably leads to a bust.

[iMike360]

ah, 4 stars?

[TVParkdale]

cute and informative:)

[canadianstudmuffin]

A classic. :P