Conflicts in the credit-derivatives market threaten to undermine it

Justify all you like, but a free market is not free when property and contract law are not sacrosanct. Banks are going to run amok bc there were no consequences for their bad behavior. This decision just paved the way for that to continue.

As for that sub-prime loan meltdown which crippled the U.S. Economy...

alllibertynews And Without the Rothschilds (also owners of the Economist), the world would also be a better place...

Banks are free to innovate what they like. Just ban any bailouts with a law. And pass a law that automatically sentences jail for CEO and Board should the bank fail.

Oh wow! You choose to put this picture in the article? Way to go.

Oh cool. Banks are gonna fuck the economy again

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China central bank approves S&P Global's entry into China's credit rating marketChina's central bank said on Monday it had approved the entry of S&P Global... Why? They helped caused 2008 subprime crisis by rating rubbish papers AAA. Central Banks is an Oxy Moron, if central means “one center” how can you have Banks? Wouldn’t it have been BANK
Source: Reuters - 🏆 2. / 97 Read more »

It’s time to ‘dismount’ from this stock-market rodeo, says Morgan Stanley’s WilsonTiming is everything and Morgan Stanley’s chief equity strategist Mike Wilson is telling investors that they need to get out of stocks right now even if the market still has some upside potential. hmeisler Early in the year for top calling austingoerke I’ll keep dollar cost averaging instead of playing games with the market. Doom and gloom is back again 🙄
Source: MarketWatch - 🏆 3. / 97 Read more »