This is no conspiracy - presstv/Program/300153.html Wall Street/City of London casino: The derivatives crisis (derivatives = hedgefunds = what FSG made their massive wealth from)....while hundreds of millions became unemployed....and food/energy/fuel prices keep increasing....but wages of ordinary people keep stagnating.... For example - John W Henry Ltd has profited massively from widely vilified commodity index funds - "the idea of commodities as an investable asset class has detractors and the huge s p i k e in food and fuel costs has many people pointing the finger at these funds as creating the price s p i k es instead of just exploiting them."......and also even more widely vilified exchange traded funds (ETFs) based on commodity futures.....both of which an increasing number of analysts state should be made illegal...and should never have been allowed in the first place........because they profit from food and fuel shortage; famine and global crises. The derivatives market is the Las Vegas of the world’s financial super elite, worth anywhere between 2 to 8 quadrillion dollars compared to about 70 trillion dollars of world GDP. We look at the so-called financial innovations of Wall Street from Collateralized Debt Obligations to Mortgage Backed Securities. We also look at US government’s complicity; White House and Congress both vested interests not only as recipients of Wall Street largess in the form of campaign donations but as major players with criminal asymmetrical information and influence advantages.
Posted on: Tue, 25 Jun 2013 01:16:43 +0000