Swaps Backfire, Here Is The Front Runner To Another Gigantic OTC Derivative Credit Default Swaps Wipe Out, The Only Question Is How Long Before It Gets Out Of Hand

| November 13, 2010

This is peanuts compared to what the OTC derivative credit default swaps are going to cost. According to the National Conference of State Legislatures, U.S. cities saw their general fund revenue fall the most since at least 1986 in the budget year that ended June 30, according to the National League of Cities.   States now face […]

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