Global financial observer Dr. Robert Peng, regarding CDOs, CDSs, and insurance companies, March 22, 2022.
Photo by Jamie Street on Unsplash Regarding the 2008 financial crisis, most people only saw on the surface that the Wall Street elites in the United States caused the collapse of century-old institutions such as Lehman Brothers, Fannie Mae, Freddie Mac, Bear Stearns, Ambac, MBIA, and others due to improper manipulation of derivative financial products.…
