A group of people now own USA

last SG · 2009-03-28T15:27:49+00:00

responding to bear's post. what you described was mortgage securisation into mortgage backed securities. and the leverage is one to one. however, data sug...

Daddy!! SG

and someone needs me to teach him that CDS is behind AIG's fall. Very simple, take your patience and read the thread from first page and you know what i mean.

AndrewPKYap SG

Right more claims from the delusional imaginings of a proven delusional... hahaha

Emoticons

AndrewPKYap SG

What did I say? see:

"28 Mar `09, 3:27PM"

"AIG paid up because AIG insured the banks (sold the banks insurance)."

AIG collected premiums from banks to insure the banks against their customers defaulting on the loans that the banks give them.

When the housing bubble started to crash, AIG had to pay up.

If AIG cannot pay up, then the banks have to swallow the losses and that would bring down the banks. That is why the US government took over AIG, to ensure that AIG can pay the banks.

AndrewPKYap SG

By now it should be obvious to all since the delusional thread starter, after given so many chances and after so much time, produced nothing to support his claim that:

"A group of people now own USA"

... that thread starter is given to delusional imaginings.

Daddy!! SG

quite clearly, from what you wrote. (a) you have little understanding of cds trading (from how you describe AIG insured banks' loan portfolios) . (b) you have no idea at all about counter-party risk (from asking me to prove how come end up a few people own USA).

novice shall remain novice.

AndrewPKYap SG

novice shall remain novice.

Right more claims from the delusional imaginings of a proven delusional... hahaha

Emoticons

hahaha... I think I shall stop educating idiots. They never learn. Let them just continue to be happy in their delusional thoughts.

angel7030 SG

Hahahaha...Uncle becareful bees fly into your mouth, dun laugh too loud ya...woei!! take you medicines hor. Wha lau, yr medicine going to finish again, cham liao

AndrewPKYap SG

....................................................

angel7030 SG

OK, gentle reminder to fellow forumners, this one is IMH fixated and proven to be insanely delusional.

"After all, I am an Angel of God" 05 Feb `09, 6:04PM

"for God, Angel, on behalf of Gabriel" 16 Apr `09, 10:42AM

"we are always watching and resting in the Arm of God" 25 Apr `09, 10:16AM

Medication Time!!!

AndrewPKYap SG

Medication Time!!!

There is no need to inform people when you take medicine.

angel7030 SG

There is no need to inform people when you take medicine.

Uncle 3 oclock liao...Medication Time!!

AndrewPKYap SG

Uncle 3 oclock liao...Medication Time!!

OK, gentle reminder to fellow forumners, this one is IMH fixated and proven to be insanely delusional.

"After all, I am an Angel of God" 05 Feb `09, 6:04PM

"for God, Angel, on behalf of Gabriel" 16 Apr `09, 10:42AM

"we are always watching and resting in the Arm of God" 25 Apr `09, 10:16AM

...and too stupid to know that supporting cursed evil will cause the curses on the evil to rub off on the supporters...

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