Wall-Eyed Street's Dazed Days

                                    
                                               
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This URL goes to Steve Fraser's article
"The End of a Gilded Age" at TomDispatch.
Do take a look at it.  You will quickly know
what it is about, and it is a fairly easy read.
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www.tomdispatch.com/post/174978/steve_fraser_the_end_of_a_gilded_age
                              
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This URL goes to R. Shah Gilani's article
about credit default swaps at MoneyMorning.
This article is more technical, but is clear.
Gilani's view differs from Fraser's view.          
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www.moneymorning.com/2008/09/18/credit-default-swaps/
                                                     
Both articles are copyrighted, which is why
I prefer they be read only.                        
                                                      
                                                   
                                               
Rho00182