Friday, September 19, 2008

Ellen Brown opinion, derivatives caused bank failures

Ellen Brown opines that financial derivatives were the cause of the recent financial instituion failures, like AIG, Lehman, etc.

Some Government regulation, which is actually applied by the regulators & not just on the books but toothless, is necessary to prevent these Corporate Welfare rip-offs. How is that not obvious to ReThuglicans?

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