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User Info U.S. Credit Crisis Adds to Gloom in Arctic Norway; entered at 2007-12-02 10:59:15
Sony1
Posts: 198
Registered: 2007-09-24
"The sad thing is nobody in the government is talking about punishment to these investment bankers who knowingly peddled this toxic waste saying that it is safe."

Lal, they're punished. The norwegian SEC withdrew the license of the norwegian investment bank pushing these CDO's on behalf of Citi, so now it's bankrupt..

http://www.aftenposten.no/english/local/....
2007-12-02 10:59:15