Please find enclosed a link to a video from the Kaiser Report show from the RT TV channel. I found this edition interesting because they focus on the fact that Freddie Mac and Fannie Mae, former subprime mortgage brokers, are back on track. Please enjoy… The crisis is over, no cure… Let’s come back to the bad incentives of financial innovation and derivatives securitization… The securitization food chain is back on track. There is nothing else to do than watch … for the next crisis to come… Not out of the blue, Not out of nowhere, but of renewed greed and too much leveraged banks.
