the PBS station. I believe that all of the TOXIC investments that the banks made over the past several years is coming back & haunting them. And in order for these banks to stay afloat, they need to do whatever is possible to generate the much needed profits so they don't collapse. It's too bad that our country was in the hands of inept people who either didn't see what was taking place, or were PART of what was taking place.
I believe that there were some people who wanted to 'steal' the money that Americans & others had in the stock market, but they couldn't just steal it. So they devised sophisticated investments, like derivatives & credit default swaps and were able to 'acquire' the money that was in the stock market without 'stealing' it, do you understand?
GREED has been the driving force in our economy & in our country for a long, long, time. It's now at the point where MILLIONS upon MILLIONS of innocent Americans, & others, will pay the price for all that GREED. Just yesterday it was reported that the state of California is suing a bank because PENSIONS were lost by that bank in some type of an investment in foreign currency. I believe the bank named was sate Street Bank. You can probably 'Google' it & read all about it.
Good luck to you.
WELCOME TO AMERICA- IN FRAUD WE TRUST