tag:blogger.com,1999:blog-32841798.post303094686173114018..comments2024-03-28T22:45:51.014+00:00Comments on Capitalists@Work: These CDO cases are going to run and runCityUnslickerhttp://www.blogger.com/profile/15929544047783163175noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-32841798.post-20883819851243342562011-10-03T11:59:41.473+01:002011-10-03T11:59:41.473+01:00So even in a terrible recession, the litigators ca...<i>So even in a terrible recession, the litigators can still make fortunes as these cases are for serious money - $30 billion in this case.</i><br /><br />Think of the Proceeds of Crime confiscation angle if someone had the balls to nick them for Fraud and money laundering!!!Steven_Lhttps://www.blogger.com/profile/05029437876479574883noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-50185157588348149482011-10-03T10:48:11.291+01:002011-10-03T10:48:11.291+01:00SW - the banks would be bust, you could though tst...SW - the banks would be bust, you could though tstop new ones from being issued and let them work their way out of the systemCityUnslickerhttps://www.blogger.com/profile/15929544047783163175noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-72097592435038081932011-10-03T09:33:11.314+01:002011-10-03T09:33:11.314+01:00CDOs were of course invented... what would happen ...CDOs were of course invented... what would happen if they were "uninvented", i.e. just made illegal and therefore null & void?Sebastian Weetabixnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-76156894721159395012011-10-02T13:36:38.771+01:002011-10-02T13:36:38.771+01:00EB now that is interesting because JP Morgan had s...EB now that is interesting because JP Morgan had something to do with The White Star Line, whose most notorious ship, Titanic, had an arguement with a rather large icebergAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-61933549418251943742011-10-02T12:21:53.237+01:002011-10-02T12:21:53.237+01:00Excellent book on the credit derivative fandango -...Excellent book on the credit derivative fandango - Fool's Gold, by Gillian Tett, an FT journo, starting with their invention by JP Morgan, ending with the forthcoming end of the world. Grab a cop while your money is actually of any use...Elby the Beserkhttps://www.blogger.com/profile/15060519682739666145noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-44031602401963604472011-10-01T15:07:10.757+01:002011-10-01T15:07:10.757+01:00Some are going to feast very well on the coming de...Some are going to feast very well on the coming depression.Electro-Kevinhttps://www.blogger.com/profile/18073103431166273080noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-32918518155197092402011-10-01T11:33:16.685+01:002011-10-01T11:33:16.685+01:00Er £30 million, not billion! The School Board is s...Er £30 million, not billion! The School Board is still down £170m out of its £200m 'investment'.<br /><br />What a School Board is doing borrowing money to invest in CDOs is another matter........Jimnoreply@blogger.com