AIG’s Mistakes!!!" rel="bookmark">Credit Default Swaps Are Good For Whom? Not Taxpayers Who Are Paying For AIG’s Mistakes!!!
After today’s AIG news I am amazed that the Obama Administration hasn’t announced an immediate suspension of the sale of new credit default swaps. Perhaps it will take a total meltdown of the financial system for the government to finally admit that Warren Buffet was right, credit default swaps are weapons of financial mass destruction. […] [read full story]