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Originally Posted by Buffalo Chip
You are soooo over the top full of it that it is difficult to even begin to take your false information apart .
Do you even have a college degree and if so is it in anything worthwhile ? Ever taken any accounting and corporate finance .
You are nothing more than a boorish big mouth ass-hole a compete and total loser with a gigantic fat mouth who hides behind a keyboard .
I am willing to bet that when you were a kid and guys picked teams that you always got picked last . So finally you have found an outlet for your life time of a bad self image and deep resentments .
So now back to your bull**** " facts " . Bill Clinton and his liberal regulatory idiots forced banks to make highly risky mortgage loans . And most of the banks sold off the risk thru the investment banks and to pension funds and insurance companies .
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What an idiot and an obfuscating dipchit.
You've been bragging what the DJIA has done since Trump was elected and all I asked was for you to do a simple calculation...and tell us what % increase has occurred under Obama.
Instead, you're now running away...
like a scared little dog.
Well, we know what you're made of now.
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Originally Posted by Buffalo Chip
These new artificial investments were created by some new MBA whiz kids working on Wall Street . They were called CMO`s or Collateralized Mortgage Obligations and they gave rise to another foolish form of financial engineering called " Interest Rate Swaps ".
Backing those up were insurance companies such as AIG and the insurance division of banks such as Citi and Bank of America .
The loans were badly structured and eventually they were doomed to collapse . However if a bank didn`t play the game the Clinton Bank Regulators gave them a bad Community Redevelopment Rating and would accuse the bank of " Red-lining .
So the banks played along and eventually the music all stopped .
When it did the financial markets including the DOW took a deep nose dive . The so called growth during the OBUMMIE years which you point to as if you actually know something was no more than a recovery at best and a very slow one .
The growth of the DOW since Trump was elected is a real run up to an all time high and not a recovery of ground lost due to Clinton `s policies .
You are indeed one strange and ignorant son-of a bitch and a very strange one at that . I bet that you are a friendless women-less little puke of a person with no real balls at all .
You clearly get your sexual satisfaction out of writing trash on this site as you stroke yourself . And you do this day after day .
You are a Professional Loser and a completely gutless wonder .
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And your obvious ignorance, regardless of your obfuscating diatribe... continues.
So now tell us what is a 'rating agency,' what they do...and how they impacted the issuance of CMO's/CDO's?
Here's a hint, you can't mix in dog $hit with USDA select...and then call it ALL 'Prime.'
Back to the topic though and let's get back to the very simple question (quit fvcking dodging it chicken$hit)...as to the % increase of the DJIA under Obama.
We'll wait...
fake.
Deepest Sincere Wishes:
