300Game.com

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 Page 103 & 104 AND THEN THE ROOF CAVED IN by DAVID FABER Wall Street found credit default swaps to be a very profitable product... The market for credit default swaps is completely unregulated... Even though these products appear to be a form of insurance... Michael Greenberger, former director of the Division of Trading and Markets at the Commodity Futures Trading Commission, blames former Republican Senator Phil Gramm from Texas for the lack of regulation.

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