I think I might be beginning to understand “derivatives” (See, “Caught In A Derivative World“). Therefore, the following video intrigues me since its allegations are based on a Wall Street conspiracy to advocate and exploit derivatives. If the video’s allegations are roughly correct, every man or woman who conspired to advance the “intrinsically worthless” derivatives should be tried for treason. Those who are found guilty should be hanged.
Incidentally, a major difference between Barack Obama and Larry Summers is that while both men may be evil, Summers looks it. Obama does not. Usually.