Wednesday, December 30, 2009

Financial institutions bet against their clients

This article suggests that financial institutions made profits where their clients suffered large losses.
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1 comment:

  1. Ghim Moh ResidentDecember 31, 2009 12:33 AM

    This report alos came out in our Business Times on 28 Dec '09 titled "How US bank peddled debt"

    All these will end up disastrous for the US economy. We shall see it unfold.

    Pls read the book "America's Great Depression" by Murray N. Rothbard and you will know the kind of lies put by the media, bankers and officials to deceive the public about what happened then.

    You will be amazed by it.

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