Power of Story Send a Tweet        

Share on Google Plus Share on Twitter Share on Facebook 1 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 2 (3 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   3 comments
General News

Matt Taibbi on the Explosive Investigation Revealing the SEC's Cover-Up of Wall Street's Crimes

Quicklink Submitted By   Follow Me on Twitter     Message Sheila Samples     Permalink

Related Topic(s): ; ; ; ; ; ; , Add Tags  

Must Read 1   Well Said 1   Supported 1  
View Ratings | Rate It

opednews.com Headlined to H2 8/25/11

Become a Fan
  (47 fans)
This whole issue of securitization was central to the cause of the financial crisis. All of the banks--not just a few of them-were engaged in this wide-scale fraud scheme to take worthless and/or extremely risky subprime mortgages and sell them as AAA-rated investments to unsuspecting investors all over the world, including pension funds here in the United States and foreigners in Scandinavia, China, Saudi Arabia. Basically, this was a fraud scheme where you're selling garbage as gold.
Read the rest of the story HERE:

At www.alternet.org

 

- Advertisement -

Must Read 1   Well Said 1   Supported 1  
View Ratings | Rate It

opednews.com

Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon Share Author on Social Media   Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Follow Me on Twitter

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -