Michael Greenberger On Manipulation, Extortion And Gambling Using CDS Contracts

On this blog we love Michael Greenberger. A friend of mine sent me this video link after reading the last post. Greenberger talks about the topic I outlined in that post whereby entities use CDS's to try to drive a company into failure for financial gain then collecting on contracts using taxpayer money. Think about that. Your tax dollars are going to entities trying to drive firms you own or work for into failure. This brings to mind an old song with the lyrics "A man with a breifcase can steal more money than any man with a gun.". Appropriately the title of that song is Gimme what You Got and the title of the album is End of the Innocence. This is stealing from society. It's time to dust off the guillotine.

It is repugnant to watch this other thing disguising as a human being in the video attempt to refute Greenberger's testimony. It seems quite apparent who butters his bread.