tag:blogger.com,1999:blog-17462849.post8286735830751483264..comments2023-10-04T09:46:55.782-07:00Comments on Edna's Place: Edna Purviance Extended Home on the Web: CDSUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-17462849.post-79808661946600272642008-10-05T20:11:00.000-07:002008-10-05T20:11:00.000-07:00Transcript of the CBS report:A Look At Wall Street...Transcript of the CBS report:<BR/><BR/>A Look At Wall Street's Shadow Market<BR/><BR/>Oct. 5, 2008<BR/><BR/>(CBS) On Friday Congress finally passed - and President Bush signed into law - a financial rescue package in which the taxpayers will buy up Wall Street's bad investments. <BR/><BR/>The numbers are staggering, but they don't begin to explain the greed and incompetence that Edna's Placehttps://www.blogger.com/profile/02930822209513131426noreply@blogger.comtag:blogger.com,1999:blog-17462849.post-51001405457284413332008-09-23T21:16:00.000-07:002008-09-23T21:16:00.000-07:00I guess you could say Bush finally found his Weapo...I guess you could say Bush finally found his Weapons of Mass Destruction. He just looked in the wrong place. <BR/><BR/>CDS - Credit default swap, a derivative that Warren Buffet called in 2002 "financial weapons of mass destruction" was last recorded to be worth about $62 Trillion dollars in December 2007. <BR/><BR/>Read below for more about what has created the mess the markets have Edna's Placehttps://www.blogger.com/profile/02930822209513131426noreply@blogger.com