SOTT: Grand Theft Economics
SOTT: Grand Theft Economics uh oh
so thats what happened
The credit derivatives markets will on Monday set the price tag for settling up to $500bn of contracts related to Fannie Mae and Freddie Mac, the US mortgage lenders whose seizure by the US government had the unexpected knock-on effect of triggering defaults on derivatives deals.
Reykjavik - Iceland has agreed legislation that gives the government wide-ranging authority over its banks, including the option to merge them or force them to declare bankruptcy, the country’s prime minister said on Monday.
EBay to cut 10 percent of Macdoughnuts jobs - or something similar
big read
Original post by malct
