warren buffett largest moody039s shareholder subpoenaed for role in credit ratings and bailouts
Bookmarked 742 weeks ago
before the housing bubble was even on the horizon warren buffet became the largest shareholder in moody039s moody039s is one of only a few credit rating agencies that play a pivotal role in the buying and selling of bondshere039s how it works: before a company can raise money through issuing a bond that bond needs a rating companies pay moody039s to rate their bonds-- and for a bond to be sold to a pension fund it needs to have the highest ratingduring the housing bubble a couple of the boy039s at moody039s went soft and got worried that maybe they were being overly generous with their ratingsso they actually emailed warren to let him know there may be problems but really why would warren buffet pay attention to those kinds of details he was getting his moneyso after the melt down one report had it that 9 out of 10 mortgage bonds rated by moody039s were way too high and a lot of people lost their homes pension funds took a big hit and the taxpayers had to pay trillions of dollars to clean up the mess some congressional commission asked warren to come in and speak on the matter and explain how moody039s could make so much money for him while getting the ratings so wrong and crashing the economy in the process he told them quotnoquot the only way they were going to get warren to speak about this was under a subpoena and so they subpoenaed warren buffett but is didn039t really work out so well for them because warren couldn039t really remember too many details at one point he claimed he didn039t know what state moody039s was even in--that039s right brother-- deny deny denyat the end of his testimony he finally opened up with quotif an investment pays me 500000000 annually in dividends alone that is 15 a second tick tick tick i don039t want those ticks to go awayquot thus speaketh the oracle of omaha

anarchy in uk: video of angry london riots as students fight cuts
Bookmarked 763 weeks ago
calm is being restored in central london after a day of violent protests thousands of students took to the streets to demonstrate against government plans to increase university tuition fees and slash teaching budgets the widespread unrest saw missiles being hurled at police windows smashed at whitehall and several people injured authorities say over 30 arrests were made for criminal damage and public disorder school and university students engaged in local rallies across the ukrt on facebook: http:wwwfacebookcomrtnewsrt on twitter: http:twittercomrt_com

us politicians for sale
Bookmarked 762 weeks ago
follow us on twitter: http:twittercomtheyoungturks tyt network new wtf channel: http:wwwyoutubecomuserwhattheflickshowtyt on facebook: http:wwwfacebookcomgroupphpgid=4304483100check out tyt interviews http:wwwyoutubecomusertytinterviews watch more at http:wwwtheyoungturkscomread ana039s blog: http:tinyurlcom24alcye

tyt extended clip - march 17 2011
Bookmarked 783 weeks ago
tyt mobile: http:bitlydnkfpf subscribe: http:bitlyewuu5i facebook page: http:wwwfacebookcomtytnationfollow us on twitter: http:twittercomtheyoungturks http:wwwtheyoungturkscommembershipdiscounts: http:wwwtheyoungturkscomgodaddyfree movies: http:wwwnetflixcomtytnote: the above two links are for tyt sponsorsread ana039s blog and subscribe at: http:wwwexaminercomx-5445-politics-in-education-examinerread cenk039s blog:http:wwwhuffingtonpostcomcenk-uygurtyt network new wtf channel: http:wwwyoutubecomuserwhattheflickshowcheck out tyt interviews http:wwwyoutubecomtytinterviewsnew tyt network channels: http:wwwyoutubecomusertytsportshttp:wwwyoutubecomuserthetopvlog

gerald celente: 039this isn039t reform its depression039
Bookmarked 803 weeks ago
earlier today us president barack obama signed a bill that is the most comprehensive financial law to be enacted since the great depression the law which got final approval from the senate last week targets the kind of wall street risk-taking that helped trigger a global financial meltdown in 2007-2009 gerald celente says that this is only going to harm and will not do enough to change wall street

world finance minister championship belt awarded to jim flaherty
Bookmarked 763 weeks ago
finance minister jim flaherty accepts the world finance minister championship belthttp:trickyuniverseblogspotcom

michael divita from divita home finance explains fixed vs adjustable rate mortgages
Bookmarked 536 weeks ago
michael divita from divita wants you to learn about adjustable rate mortgages while locking in low interest rates in a 30 year fixed loan can be appealing to some there are significant advantages to adjustable rate loans in many circumstances take a look at the math to decide which works for youlearn more about divita home finance at wwwmycahomeloancommichael divita

new millionaires - how are they making their money
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easy way to make money click here - http:viralmlmtrafficcomlinks5518 - work at home click here - http:vtdcc30087 extremely effective marketing tips tools techniques- go here now- http:vtdcc30088 join now - learn the secret to earning 1000 per day ways to make money http:viralmlmtrafficcomlinks5526 how to become a millionaire in a few years click here - http:viralmlmtrafficcomlinks5528 how to make money online

raw: divers find man alive in sunken tugboat - youtube
Bookmarked 267 weeks ago
http:smarturlitassociatedpressdramatic footage emerged on tuesday showing the unlikely rescue of a ship039s cook who survived for almost three days trappe

ed helms explains why americans are drowning in student debt - youtube
Bookmarked 159 weeks ago
learn more amp help us pass the for the people act: https:wwwrepresentusunbreaking-the-debtamericans owe over 16 trillion in student loan debt and like

size matters: the true scale of the world039s tallest buildings - youtube
Bookmarked 261 weeks ago
taller doesn039t always mean bigger we reveal the true scale of the world039s tallest buildings discover bluebeam revu - http:bitly3tom5dffull story here -

john williams greets star wars musicians at home - youtube
Bookmarked 269 weeks ago
two musicians have earned a greeting from legendary hollywood film composer john williams by playing his theme from

inside china039s accelerating bid for chip supremacy - youtube
Bookmarked 250 weeks ago
right now the world is dependent on taiwan for silicon semiconductors called chips which give devices like iphones their functionality this reliance has th

how americans are tricked into buying fake food - youtube
Bookmarked 165 weeks ago
the food in your kitchen cabinets may not be what it seems fraudsters motivated by economic gain secretly infiltrate the global food market through a variet

challenges of ethereum defi and cryptocurrencies by cathie wood
Bookmarked 234 weeks ago
cathie wood mentioned thatquotwe thought bitcoin would be the reserve currency and we werelooking for the other currenciesand ether was showing up as a very strong secondand i have been surprised at how ether and the ethereum networkis mushrooming with stable coinsnfts decentralized financeit039s clearly satisfying a huge unmet needone of those needs is yield out thereand we see that in the fixed income markets the ridiculousrallies that have taken place taking junk bond yields downto just a couple of hundred basis points above treasuriesthat039s kind of nutsso this hunger for yield is being satisfied by a much moreefficient financial ecosystemand i think many more people are more open minded to it aswell let039s see one of the things that has struck me fromthe beginningquotcathiewoodbitcoinbitcoinpodcastbitcoinexplainedbitcoinnewswebinars and workshopsour webinars on meetup https:bitlyblockchain360klfacebook group https:bitlyfaceboo