Constructive gadfly
Published on May 1, 2009 By stevendedalus In Politics

I'm more concerned over just what is a toxic asset and the degree of its negative value. No one ever says what the hell they are. They should be listed and identified. We've been told this mess is due to subprime mortgages. I don't believe it, what with all the revisions made be by Fan/Fred Macs and FDIC. Ithink these transnational banks have been engaged in Ponzi schemes, dubious Wall street trading, especially with hedge funds, not to mention horrendous loans to other nations far worse than Citibank's Mexican blunder years ago.


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