Detroit Auto CEOs Batesoled by congress

Out of context: Reply #18

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"Anyways, it's a far better investment than giving 3/4 of a trillion dollars to banks who sell fraudulent investment products. "
The fact that these instruments have zero regulation and are not traded on an exchange does not make them fraudulent.
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- It is if they're packaged as "low risk" and they're not.Mimio
- lol. Obviously they got it wrong and we're paying for them.Mimio
- We're paying for deflation, not the existence of the products themselves.
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