2015-01-08nakedcapitalism.com

``So why did Elizabeth Warren lose her battle last month to stop banks from continuing to park $7 trillion notional value of risky derivatives like the credit defaults swaps in taxpayer-backstopped depositaries? One of the less well-recognized reasons is that the CBO's dubious analysis said it would not cost taxpayers a dime.''



Comments: Be the first to add a comment

add a comment | go to forum thread