Fornits

General Interest => Feed Your Head => Topic started by: ajax13 on December 23, 2015, 03:23:09 PM

Title: Big Banks Manipulated $21 Trillion Dollar Market for Credit Default Swaps
Post by: ajax13 on December 23, 2015, 03:23:09 PM
“The system is set so that even if you’re caught, the penalty is just a small number relative to what you walk home with.

The fine is just a cost of doing business. It’s like a parking fine. Sometimes you make a decision to park knowing that you might get a fine because going around the corner to the parking lot takes you too much time.”

http://www.washingtonsblog.com/2014/09/big-banks-manipulated-21-trillion-dollar-market-credit-default-swaps-every-market-well.html (http://www.washingtonsblog.com/2014/09/big-banks-manipulated-21-trillion-dollar-market-credit-default-swaps-every-market-well.html)