William Engdahl's Financial Tsunami Essays #4

What are “New Finance”, “Credit Swaps”, “Securitization”, “SIVs”, and all the other financial alchemies brought into existence by Wall Street since the mid 90s? Here is a history and commentary. Ignorance of these new financial engines of “prosperity” will cost you plenty in the next few years. Be forewarned.

http://www.financialsense.com/editorials/engdahl/2008/0208.html

Keep your eyes and mind open.
Mike Childress