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. ...
Drive-by media won’t disclose immigration status of Hekter Enrique Carreto,
instead calling him ‘El Paso Man’. He violently beat and raped a woman
leaving her for dead. Last year he sexually assaulted a child but was
released.
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CLOSED BORDER: Drive-by media won’t disclose immigration status of Hekter
Enrique Carreto, instead calling him ‘El Paso Man’. He violently beat and
raped...
2 hours ago
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