Papantonio: The Time Bomb Of Derivatives

[GoLeft TV]

The following interview is from the April 21st, 2013 episode of Ring of Fire on Free Speech TV (http://www.freespeech.org/ringoffire). The dishonest and risky behavior of investors on Wall Street helped push our country deep into a recession. The toxic trash being traded by investors still poses a very real, and very dangerous threat to the finances of people who aren’t even involved in the stock market. Ring of Fire host Mike Papantonio talks to attorney Mike Burg about Wall Street’s big gamble.

[benld74]

1. Yes, until someone who has the cojones to outlaw them.

[kitt6]

2. Keep up the good work Mike.

This is far from over.

[DhhD]

3. Reinstating an old rule: Glass-Steagall will not work just like Mike and Mike have said.

http://dealbook.nytimes.com/2012/05/21/reinstating-an-old-rule-is-not-a-cure-for-crisis/