Kitty Reporter’s Blog- If GOP Shuts Down the Government will they Lose Congress in 2014?
- North Carolina GOP-Led Election Boards Take Voter Suppression Tactics on Student Voting to New Heights
- 92 Year Old Rosa Nell Eaton Fired Up and Fed Up with NC Voter ID Law
- North Carolina Voter I.D. Law “Common Sense” Voter Suppression of Minority & Youth Voters
- Supreme Court Decision on Voting Rights Act a Blow to Civil Rights
- The Scandal about Misleading Talking Points on Benghazi
- Boston Marathan Suspect in Custody
- Who Wrote the “Monsanto Protection Act Rider” into HR 933, Section 735?
- Letter to Speaker Boehner and Congress about the Sequester & March 1, 2013
- Hey Congress Remember Jobs and the Economy?
Election Integrity Cat
Election Integrity Cat Reports
Tag Archives: the trouble with Hedge Funds
Pro Publica Investigates Magnetar’s Role in Winning Big $ by Betting Against their own CDOs
The Hedge Fund Magnetar reaped big profits in the housing mortgage derivatives meltdown by playing the system at both ends. They designed risky made-to-fail CDOs and then bet against them by purchasing Credit Default Swaps. These guys made out like Wall Street Wizard banditos accumulating billions of dollars while most people lost their shirts and pants. The problem is that the big black hole of these hedge funds are still sucking in unsuspecting people, states and countries with new schemes. Will Congress, the Senate and the Obama Administration have the guts to shine some light and made sure there is real transparency on the black holes of Wall Street? Continue reading
Posted in Banks, Economy, News, Wall Street
Tagged banditos, Credit Default Swaps, designed-to-fail CDOs, double dealing, economic woes, Fat Cats of Wall Street, greedy little Wizards of Wall Street, Magnetar is a destructive cosmic body, Magnetar Trade, Pro Publica, rigging the races, The Producers, the trouble with Hedge Funds, This American Life, We Can Do It
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