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mmonk

(52,589 posts)
1. Because the unregulated derivatives market
Tue Dec 16, 2014, 08:01 AM
Dec 2014

caused a global collapse precipated by fraudulent ratings of the securities in question.

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Because the unregulated derivatives market mmonk Dec 2014 #1
Because it was taxpayer money used to make bad business decisions profitable. Nuclear Unicorn Dec 2014 #2
It didn't cost the government a dime Recursion Dec 2014 #3
I lost most of my family's net worth because of it. mmonk Dec 2014 #5
You lost money in the bailout? (nt) Recursion Dec 2014 #7
No, the credit default swaps and their mmonk Dec 2014 #13
I am very curious how that happened. A HERETIC I AM Dec 2014 #9
Because of the bailout? How? leftofcool Dec 2014 #12
Sorry to hear that. think Dec 2014 #20
The bank screwing up makes it lose value. That's what makes it a crash. The assets aren't there. Nuclear Unicorn Dec 2014 #6
Isn't that socialism? treestar Dec 2014 #16
I wouldn't call it a tenet of socialism but the mechanisms of socialism coupled with human nature Nuclear Unicorn Dec 2014 #21
It sucked.. I know the President didn't like parts of it.. but, some didn't suck as much.. like.. Cha Dec 2014 #4
Imagine opposing something simply because of the person who thought of it treestar Dec 2014 #15
And yet the poster you are responding to does exactly that in the post you are responding to... Bluenorthwest Dec 2014 #19
Still working on K Street,eh? Lars39 Dec 2014 #8
Maybe because they crashed the economy to begin with and they gambled our lives. RiverLover Dec 2014 #10
Because the criminals who caused it kept the loot. Octafish Dec 2014 #11
Because the banksters, corporatists, etc. treestar Dec 2014 #14
Are you sincerly asking that question? Where was the bailout for the people? Regular people got no Bluenorthwest Dec 2014 #17
The actual cost of the bailouts may never be calculated. meaculpa2011 Dec 2014 #18
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