Chichot historii
/ 83.5.216.* / 2009-04-03 11:42
Our Congress had better dig into this hornets nest right damn now because if in fact there is any material amount of this crap going on in the OTC derivative market the $170+ billion blown on AIG trying to cover it up will be a mosquito on an elephant's ass in comparison to what's about to happen to the world's economy and banking system.
If, in fact, it cannot be proved that this is not the case, given the extraordinary lengths that both government and private parties have gone to in order to cover up what IRA alleges AIG was actually up to, we must ring-fence and cut off any part of the financial system impacted by a potential detonation of that market right now, including the US Federal Government, as such a detonation will, if it occurs, destroy any part of the financial system it infests at the time the unwind occurs.
No I'm not kidding.
This really is that serious and the extreme measures taken to attempt to hide this, assuming the IRA article is correct, implies strongly that there is a lot more of this going on that we're simply unaware of.
Yet.