Monday, September 22, 2008

Credit Default Swaps-Read This!

You don't understand how messed up our financial system is until you read what Warren Buffett thought about these four years ago.  Read this article and prepare to have your blood boil. Buffet calls the credit default swap system a "ticking time bomb."

Heads need to roll.  People need to go to jail.  Whoever was involved in this, whoever thought this was legitimate business must be punished.

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