Wednesday, 21 December 2011


Cameron & re-hypothecation the secret financial fraud factory must watch video.


What do AIG, Lehman Brothers, Bernie Madoff and MF Global's Jon Corzine have in common?

They all took aggressive advantage of the UK's reckless re-hypothecation regulations.

Re-hypothecation?

Think iceberg. Think Titanic.

Think of something that makes the unregulated derivatives trade seem harmless and the robo-signing
of millions of bogus real estate loans seem virtuous in comparison.

The video start with levity. Stick with it. It's serious.