Wednesday, June 15, 2011

SOS Financial Disaster

Since the financial crisis in 2007-2009, nothing has change, as far as the regulatories on derivatives is concern.

Things that has change and don't matter much (to repair the economy)



  • interest rates to zero

  • more bailouts

  • QE2 USD600bil that goes to Europen Bank (resides in USA)

  • change of accounting standards (to reduce write off)

  • only Bernie Maddoff goes to jail (and a few more)

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