Showing posts with label derivatives. Show all posts
Showing posts with label derivatives. Show all posts

Tuesday, December 14, 2010

Gordon Brown Book: 9 Big Banks Manipulating World Economy

Check out the crooked world of global banking.







From Denny: Former British Prime Minister Gordon Brown brings into focus the world economic meltdown in his latest book "Beyond The Crash: Overcoming The First Crisis of Globalisation." This video clip is the extended interview and also an exclusive one with Jon Stewart on The Daily Show.



Former Prime Minister Gordon Brown Exclusive Interview



The revelations of inept government and banking officials is astounding here. Government leaders around the world assumed that bankers were professionals and actually knew and understood the banking system. According to PM Brown, apparently bankers from renowned global Big Banks admitted to not understanding the concept of how to calculate financial risk. That's like saying you don't understand the concept of burning yourself if you put your hand into the roaring fire. Unbelievable.





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