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Credit Default Swaps Should Be Regulated As Insurance

National News • July 7, 2009
Credit default swaps nearly brought down the world financial system last fall when it was discovered that AIG Financial Products had written hundreds of billions of dollars worth of credit ...

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Subject: Regualted no- Banned and Criminalized- yes

Posted On: July 7, 2009, 2:51 pm CDT
Posted By: Fred Fisher
Comment:
In the early 1900's -1901 or 1903- a similar investment gambling security cashed the market- such investments were banned and made a crime- which was reversed by that Cook Tom Delay and his Texas thieves - They sneaked the Commodity Modernization Act through Congress with NO floor debate- and reversed a 100 year ban on such gambling- it shouldn't;t be regulated- it needs to be a crime- but - if they want to play - then make do away with Corporate & Llc Protections of the investments houses and make the them Partners so the sponsors have their OWN MONEY at risk rather than their stockholders-then will see how much faith they have in that kind of garbage that only Mathematicians understand since they created the formulas by which the securities operated-
Subject Posted By Posted On
RE: Credit Default Swaps as Insurance Fred Fisher
Jul 14, 2009, 10:59 am
Credit Default Swaps as Insurance Mike D
Jul 8, 2009, 6:59 am
RE: RE: wrong forum SWAP watcher
Jul 7, 2009, 4:59 pm
RE: RE: wrong forum Bill Rempel
Jul 7, 2009, 2:53 pm
Regualted no- Banned and Criminalized- yes Fred Fisher
Jul 7, 2009, 2:51 pm
RE: wrong forum kathi
Jul 7, 2009, 1:10 pm
wrong forum prakash v. naor
Jul 7, 2009, 11:39 am
RE: 3 Reasons CDS Are NOT Insurance, Jeff
Jul 7, 2009, 10:40 am
3 Reasons CDS Are NOT Insurance, Bill Rempel
Jul 7, 2009, 8:22 am
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