Corruptions you should know about: Swaps

Here is some information on the unregulated, unaccountable, little known 605 trillion(you read correctly) Swaps market. We all have Gordon T. Long to thank for doing so much investigative work on the swaps markets(and accounting arbitrage corruption but that’s for another post) and their dubious involvement in the Global Financial Crisis, Mortgage mess and Euro Bond crisis. Swaps are difficult to explain and in many cases infinitely complex.

Wiki on Swaps

Gordon detailing Swaps corruption:

SULTANS OF SWAP: Explaining $605 Trillion of Derivatives!

SULTANS OF SWAP:  ACT II – The Sting!

SULTANS OF SWAP:  Fearing the Gearing!

Zero Hedge:

http://www.zerohedge.com/article/guest-post-gold-swap-signals-roadmap-ahead

http://www.zerohedge.com/article/cftc-delays-swaps-regulation-another-6-months-comply-wall-street-demands

If anyone else finds some great links explaining Swaps please feel free to post them in the comments section! I’ll try to add more links in the future, as an educational resource.

About Avadoro Worden

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This entry was posted in Corruption, Euro-Bond crisis, Finance and Economics, Fraud and tagged , , , , , , . Bookmark the permalink.

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