Wall Street Collects $4 Billion From Taxpayers as Swaps Backfire

Discussion in 'Wall St. News' started by Banjo, Nov 10, 2010.

  1. Banjo


  2. Wall street was laughing whenever a cfo of a state agency decided to buy interest rate swaps. Imo, I think those cfo's wanted to appear to play in the big leagues, and why not, it wasn't their money.
  3. RedDuke


    All these transactions were detailed in Liar's Pocker and Fiasco.

    I guess these cfos never bothered to read them. :) Wonder how much kick backs, they all got?