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N3OGH
Yo Soy Col. "Bat" Guano
Premium
join:2003-11-11
Philly burbs
kudos:1

reply to Austinloop

Re: Why do we pay attention

I bet 2 years ago this guy was touting the advantages of Credit default swaps and Mortgage backed derivatives
--
Petty people are disproportionably corrupted by petty power…

Austinloop

join:2001-08-19
Austin, TX
kudos:1

Without a doubt.


patcat88

join:2002-04-05
Jamaica, NY
kudos:1

reply to N3OGH

said by N3OGH:

I bet 2 years ago this guy was touting the advantages of Credit default swaps and Mortgage backed derivatives
But CDSes are an excellent investment, its like going to Vegas and play Roulette with an insurance company guaranteeing your investment in the game. Excellent for you, not so much for the insurance company. Not my problem the premium doesn't remotely cover the losses.

Pv8man

join:2008-07-24
Hammond, IN

reply to Austinloop
Can you say "Corporate Puppet" ???


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