Friday, 5 June 2009

Breaking Bibi

By Pat Buchanan

In Israel, the betting is that Barack will break Bibi because Israel cannot defy its last great friend, the lone superpower, upon whom it depends for security, weaponry and diplomatic shelter from U.N. Security Council sanctions. As Rick Wagoner of GM can tell Bibi, you take the king's shilling, you play the king's tune. 
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Securitization: The Biggest Rip-off Ever 

By Mike Whitney

Is it possible to make hundreds of billions of dollars in profits on securities that are backed by nothing more than cyber-entries into a loan book?  It's not only possible; it's been done.Continue