http://www.geeksaresexy.net/2009/02/24/the-credit-crisis-for-dummies/ tech, science, news and social issues for geeks Tue, 14 Feb 2012 03:56:23 +0000 hourly 1 http://wordpress.org/?v= http://www.geeksaresexy.net/2009/02/24/the-credit-crisis-for-dummies/#comment-315861 Belal Sun, 25 Sep 2011 16:55:56 +0000 http://www.geeksaresexy.net/?p=10824#comment-315861 Amazing Amazing

]]> http://www.geeksaresexy.net/2009/02/24/the-credit-crisis-for-dummies/#comment-137380 Naveen Kumar Molleti Thu, 26 Feb 2009 13:34:00 +0000 http://www.geeksaresexy.net/?p=10824#comment-137380 Brilliant. Brilliant.

]]> http://www.geeksaresexy.net/2009/02/24/the-credit-crisis-for-dummies/#comment-270697 Naveen Kumar Molleti Thu, 26 Feb 2009 12:34:00 +0000 http://www.geeksaresexy.net/?p=10824#comment-270697 Brilliant. Brilliant.

]]> http://www.geeksaresexy.net/2009/02/24/the-credit-crisis-for-dummies/#comment-270696 Mark Wed, 25 Feb 2009 03:04:00 +0000 http://www.geeksaresexy.net/?p=10824#comment-270696 The role of <a href="http://www.fool.com/investing/general/2008/10/08/is-this-buffetts-nightmare-scenario.aspx" rel="nofollow">Credit Default Swaps</a> (CDS) (and the SEC's relaxation of the Net Capital Rule in 2004 that enabled them) should have a much larger section in this exposition. Credit Default Swaps (aka "weapons of mass financial desstruction") have made the current credit crisis far worse than anything in the past. The rest of the system (as described in the video) has been in place and working quite well for half a century; adding credit default swaps tipped the balance and sent the system into the abyss. The role of Credit Default Swaps (CDS) (and the SEC's relaxation of the Net Capital Rule in 2004 that enabled them) should have a much larger section in this exposition. Credit Default Swaps (aka "weapons of mass financial desstruction") have made the current credit crisis far worse than anything in the past. The rest of the system (as described in the video) has been in place and working quite well for half a century; adding credit default swaps tipped the balance and sent the system into the abyss.

]]> http://www.geeksaresexy.net/2009/02/24/the-credit-crisis-for-dummies/#comment-137035 Mark Tue, 24 Feb 2009 19:04:41 +0000 http://www.geeksaresexy.net/?p=10824#comment-137035 The role of <a href="http://www.fool.com/investing/general/2008/10/08/is-this-buffetts-nightmare-scenario.aspx" rel="nofollow">Credit Default Swaps</a> (CDS) (and the SEC's relaxation of the Net Capital Rule in 2004 that enabled them) should have a much larger section in this exposition. Credit Default Swaps (aka "weapons of mass financial desstruction") have made the current credit crisis far worse than anything in the past. The rest of the system (as described in the video) has been in place and working quite well for half a century; adding credit default swaps tipped the balance and sent the system into the abyss. The role of Credit Default Swaps (CDS) (and the SEC's relaxation of the Net Capital Rule in 2004 that enabled them) should have a much larger section in this exposition. Credit Default Swaps (aka "weapons of mass financial desstruction") have made the current credit crisis far worse than anything in the past. The rest of the system (as described in the video) has been in place and working quite well for half a century; adding credit default swaps tipped the balance and sent the system into the abyss.

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