1. Unhypnotized

    Naked Credit Default Swaps Are “Like Buying Fire Insurance On Your Neighbor’s House —

    Washington’s Blog March 2, 2010 I have repeatedly argued that naked credit default swaps should be banned. See this and this. Savvy commentators like Wolfgang Munchau and Yves Smith are saying the same thing. As I wrote last July: Obama’s regulation of credit default swaps leave...