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October 20, 2009     

Promoted to Headline (H3) on 10/20/09:
Wall Street's Naked Swindle by Matt Taibbi


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Financial markets have become so corrupt that the prices don't really reflect any reality. Wall St insiders can make the prices anything they want because they can create shares out of thin air. Wouldn't you like to be able to create US T-Bills and sell them, borrowing as much money as you want at AAA rates? There are privileged players that essentially have a license to print money.

Read the rest of the story HERE:

Book Recommendations for "Wall Street Bailout Bonuses"
It Takes a Pillage: Behind the Bailouts, Bonuses, and Backroom Deals from Washington to Wall Street
by Nomi Prins

$25.95
Lowest New Price $14.69

Number of pages: 304
Publisher: Wiley

View All Book Recommendations

 
Tags for This QuickLink:

Wall Street Bailout (201) Wall Street (83) Wall Street Lobbyists (82) Wall Street Bonuses (62) Wall Street (14)


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I Never Believed in Massive Conspiracies by Jason Paz on Tuesday, Oct 20, 2009 at 1:32:33 PM
Samsudeen by Samsudeen Hussain on Wednesday, Oct 21, 2009 at 6:45:59 AM

 
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