Comments on: The Role of Derivatives in the Financial Crisis – Credit Default Swaps and the Economic Meltdown https://4closurefraud.org/2010/07/07/the-role-of-derivatives-in-the-financial-crisis-credit-default-swaps-and-the-economic-meltdown/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Thu, 08 Jul 2010 12:53:50 +0000 hourly 1 https://wordpress.org/?v=7.0.4 By: PJ https://4closurefraud.org/2010/07/07/the-role-of-derivatives-in-the-financial-crisis-credit-default-swaps-and-the-economic-meltdown/#comment-3119 Thu, 08 Jul 2010 12:53:50 +0000 https://4closurefraud.org/?p=7218#comment-3119 Agree with J in CO… it is as if we are watching Rome burn while Nero fiddled.The inter connection with incumbents and WS is destroying the American people yet the “people” re-elect and re-elect the same self serving criminals back into office who are oblivious to the shuttered small business in the communities they are elected to serve and turn a deaf ear to the blight of American Homeowners that are having their equity and homes stripped out from under them by deception on them and the courts.
Remeber all this in November 2010 and beyond it is time to clean house down in DC!

]]> By: J in CO https://4closurefraud.org/2010/07/07/the-role-of-derivatives-in-the-financial-crisis-credit-default-swaps-and-the-economic-meltdown/#comment-3099 Wed, 07 Jul 2010 15:56:21 +0000 https://4closurefraud.org/?p=7218#comment-3099 Never happens again!

How about clawbacks for the damage done? This is a major part of what is wrong with this. They are so afraid to challenge their masters that they rush to look forward rather than back to fix the problem which is very simple.

Forgive all fraudulent and tainted loans and dismantle and liquidate the banks that caused it all including seizing the assets of the personal players in this including the politicians that allowed this on their watch and received bribes.

They did it to Madoff, why not Blankfein, Dimon and the rest of them. They intentionally brought this collapse forth to create the payout for the derivative contracts as shown by the increase in profits on all banks securities side even with the alleged losses they say they have on the other side to evade taxes once again.

This is a rotating door of extraction that will continue until the individuals are held accountable including politicians. Ever heard of Public Corruption? What happened to our department of JUSTICE? Bring back independent grand juries and start indicting these crooks. Nothing less will fix it, nothing!

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