Why Isn't Someone Smarter Than Us Doing

A Credit Default Swap Was Confusing Mainly Because It Wasn't Really A Swap At All. It Was An Insurance Policy, Typically On A Corporate Bond, With Semiannual Premium Payments And A Fixed Term.

Wall Street, With Its Army Of Brokers, Analysts, And Advisers Funneling Trillions Of Dollars Into Mutual Funds, Hedge Funds, And Private Equity Funds, Is An Elaborate Fraud.

You Could Argue The Banks Are Much Better Capitalised Than They Were Going Into The Crisis, And Everyone's In A Much More Vigilant State Because They Still Remember The Crisis.

Everywhere You Turn You See Americans Sacrifice Their Long-term Interests For A Short-term Reward.

There Has Been This - And It's Reflected In The Broadcasts - This Moronic Use Of Statistics. Which Has Suggested To Everyone Who Is Intelligent The Use Of Statistics Is Moronic.