Monday, November 22, 2010

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Video - Reuters financial writer Felix Salmon compares the bubble blowing records of Zimbabwe Ben and Alan Greenspan, with focus on QE2...

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Felix from last week...

Video: Felix Salmon says investment banks face massive legal risk due to the way they built their mortgage bonds. He explains EXACTLY how banks built these bonds - with lies and cover-ups every step of the way.

This is a very good clip. Runs 2 minutes. Don't skip the last 30 seconds and Salmon's conclusion.

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