Comments on: Credit Default Swaps, Derivatives, The Federal Reserve, Henry Paulson, Ben Bernanke, and How the Financial Crash Could Have Been Avoided

By: PuddinSkins

PuddinSkins — Mon, 03 Jan 2011 21:51:08 +0000

Capitalism isn’t the problem like this story suggests, the problem stems from greedy bankers that have been allowed to run the Fed since its inception in 1913.

The real issue is the Fed, get rid of it. John Kennedy tried… look what happened to him. Thomas Jefferson and Andrew Jackson were able to stop the central bank from existing in the US… I know it would be difficult, but we need to get rid of the Fed.

By: Rodgere Birttwell

Rodgere Birttwell — Tue, 13 Jul 2010 20:46:30 +0000

1. When Paulson begged Pelosi for the bailout money did he tell her that 12 billion going to AIG would be directed to Goldman Saks and that 2 billion of that would be distributed in bonuses to the very characters that designed the worthless bonds and Swapps that created the problem?
2. Do you really think Paulson feels any concern for the millions who are un- employed?
3. Do you really think Blankfien and Paulson care about the thousands that have lost their home?
4. Do really believe Paulson told Polosi that 2 billion would be used for bonuses for the banking scum that engineered this massive fraud.
5. Do you think the American people have any faith in the legal system that shows itself helpless in the face of such massive corruption?
6.Do you think that the American people can’t see that the banks and money inetersts own the Law.
7 When the Law is exposed to such levels of impotency and corruption the redress that History illustrates for redress is not pretty.

By: alexhiggins732

alexhiggins732 — Tue, 14 Oct 2008 04:06:30 +0000

It was a great 60 minute video… but Please someone tell the public the truth. Every time the fed injects cash into a bank, or does a take over, the money is going directly toward paying off illegal insurances policies (Credit default swaps).

People have been complaining along time about insider trading in credit default swaps and hedge funds manipulating markets

Look at our current stock market crash. Its been caused by and insurance fraud scheme ran by wall street insiders (wall street execs+Hedge fund managers).

It works like this

1)They take insurance policies to protect a rating cut and or bankruptcy AKA Credit default swap.

2) Greedy CEO’s involved in scheme take on trillions insurance policies they can’t pay to make the banks risky. They new exactly what risk they where taking and did it on purpose so it would make it easier to make the stock prices tank.

3) Hedge funds short the stock.. drive down the stock price and get the credit ratings cut.

Everyone in the scam makes billions 1) on the short selling and 2) collecting the on the insurance policy/credit default swap.

They continue tanking a stock even more forcing it into bankruptcy the whole time collecting trillions in insurance claims on these Credit Default Swaps. Lehman’s AIG, Merrill, Wachovia, WaMu all victims of this scam. It has caused the stock market crash.