just wait till this info filters into the market psychology....
a lot of people will 'wake up & smell the coffee'...and not trust the bailout schemes that are being applied.
they will finally understand that this 'house of cards' is just that..
a house of illusions, a house of falsified spreadsheets,
falsified financial statements, falsified 'everything'...
which motivates the banks to not lend to one-another
regardless of the promotions by the Fed/Treasury and liquidity injections Paid by us... the 'duped' taxpayers...
the insiders know the whole rotton system/structure does not need to be rescued...it needs to be revamped !
"Let’s hope we are all wealthy and retired by the time this house of cards falters.”, page 1
privacy
Pages:
ATS Members have flagged this thread 0 times
ATS Members have flagged this thread 0 times
Topic started on 22-10-2008 @ 06:38 PM by TruthWithin
HOW?! You may ask, did these companies get away with all of this incredibly illegal lending? Because these jerk credit rating agencies said it was ok
to do so.
Source
WHERE IS THE JUSTICE? Can we not put these a-holes away forever??
In one document, an S&P employee in the structured finance division writes: “It could be structured by cows and we would rate it.” In another, an employee asserts: “Rating agencies continue to create [an] even bigger monster — the CDO market. Let’s hope we are all wealthy and retired by the time this house of cards falters.” {Emphasis added][See facsimile below]
Source
WHERE IS THE JUSTICE? Can we not put these a-holes away forever??
Pages: ^^TOP^^
India to pay gold instead of dollars for Iranian oil. Oil and gold markets stunned
Posted 18 days ago with 95 member flags
Posted 18 days ago with 95 member flags
Proponents of Gold Standard May Be Violent Extremists; Report ALL Suspicious Activity To the FBI
Posted 3 days ago with 44 member flags
Posted 3 days ago with 44 member flags
EU financial dictatorship agreed to by EU ministers last night
Posted 17 days ago with 17 member flags
Posted 17 days ago with 17 member flags
The Above Top Secret Web sites are a
wholly owned social content community of
The Above Network, LLC.
This content community relies on
user-generated content from our member contributors.
The opinions of our members are not those of site ownership
who maintains strict editorial agnosticism and simply provides
a collaborative venue for free expression.
ATS Server: www2.theabovenetwork.com
Header data: 0.003 seconds
Page processed in: 0.025 seconds
wholly owned social content community of
The Above Network, LLC.
This content community relies on
user-generated content from our member contributors.
The opinions of our members are not those of site ownership
who maintains strict editorial agnosticism and simply provides
a collaborative venue for free expression.
ATS Server: www2.theabovenetwork.com
Header data: 0.003 seconds
Page processed in: 0.025 seconds
