60 Minutes: Wall Street's Shadow Market

60 Minutes does a great job... it's all about the credit default swaps.
MINKsays...

the fat guy in the glasses at 9:00 defending this unregulated madness by raising his eyebrow should give all his money to charity and live in a dark hole. he could at least cut out one or two meals a day. omfg i need to vomit now. into a bag. addressed to him.

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