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Old 02-19-2013, 06:43 PM
burninator burninator is offline
Never gonna give you up
  • Dec 2004
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Quote from 124nic8 View Post :
I don't know what this ^ means.

Regulation could have prevented naked CDS.

Maybe now, but when the economy was collapsing, that's not the time to destroy all the banks.
I couldn't agree with this more.

However, what we actually did was to tie our economy and the broader society even more closely to the banks. We doubled down on the original problem.
I deal in facts. I deal in science.