George Soros Says Credit Default Swaps Need Much Stricter Regulation - WSJ.com
By GEORGE SOROS
In all the uproar over AIG, the most important lesson has been ignored. AIG failed because it sold large amounts of credit default swaps (CDS) without properly offsetting or covering their positions. What we must take away from this is that CDS are toxic instruments whose use ought to be strictly regulated: Only those who own the underlying bonds ought to be allowed to buy them. ...
Posts
This is the moment an old Palestinian woman is evicted from her house by
Zionists . The house, which had been in her family for generations, was
given to Jewish settler from Eastern Europe, people who had no connection
to Palestine.
-
This is the moment an old Palestinian woman is evicted from her house by
Zionists . The house, which had been in her family for...
The post This is the m...
1 hour ago
No comments:
Post a Comment