"A crucial change in the way financial derivatives are packaged and sold
on Wall Street is enabling traders to bypass new regulations aimed at
limiting reckless speculation, enhancing the prospect of another
derivatives crisis, warn some market participants."*
The
Dodd-Frank financial reform law came into effect in 2007 in response to
the financial crisis- it required safeguards for investors to cover
losses on their derivatives trades. But what if investors found another,
risky, way around that? That's what's happening now. Is it time to
start the financial armageddon clock? Cenk Uygur breaks it down.
*Read more from Eleazar David Melendez/ Huffington Post:
http://www.huffingtonpost.com/2013/02...
if that happens the world will enter the dark ages. at least 80 perecent of the population will either starve or die. it will be worse than world war 3 or asteriod or solar flare hitting the planet. this kind of thing happened in previous advance civilizations that got destroyed. welcome to the world of bartering
ReplyDeleteOPPT-IN 1776
ReplyDeleteYes I heard (ALL) Gov-officials are actualy corporate-Man they are FORECLOSED Keep running bush-Obummer you are defaulted MF%*ker
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