A Show Tune About A Hedge Fund: 'Bet Against The American Dream' - Planet Money Blog : NPR
Its important that this education gets out... but most of all its important that we push congress to make these types of activities illegal...
Currently the SEC is suing Goldman Sachs but the act of creating investment products from toxic assets and then betting against them is not illegal... yet it has cost American tax payers trillions in bail outs while people playing the Wall Street casino continue to get filthy rich gaming the system sticking us with the bill of cleaning up their mess.
Please share this song and education with as many people as you know... too many of us are ignorant. It may be impossible for us to understand the complex systems they use to create these investment models but its not impossible to understand the basic concepts and that it is immoral, corrupt, harmful and needs to be stopped. Permanently.
If you are an American get out and vote this November. Make your voice heard and elect officials who have the best interests of the American people in mind and not just Wall Street.