I'm self employed freelancer with barely any real work, in a country that was financially raped to the ground by the European Central Bank, the IMF and f*cking Moody's and Standard's & Poors
I used to be friends with a bloke that sold financial instruments at UBS (Small swiss investment bank). When the complex products first came out (Credit Default Swaps) etc and the market was making a killing (100-150 basis points) on each instrument, here's what they used to do.
They used to bribe the likes of Standard and Poors/Moody's, have a look at their rating algorithm's, and tweak their products in the right places to give them a AAA credit rating. They would sell these instruments for Millions, knowing full well that they were toxic, with a AAA credit rating...
When it went south and the instrument collapsed, get this, UBS would offer to "re-structure" a client's portfolio, for additional fees...
The sales guys used to call it "Double Dipping" and they would get massive bonuses for it.
When these fuckers come after Crypto in general, I'm gonna hit up Camo for some Ammo
Exactly this is why crypto-currencys are getting more and more unstable... more of these people seems to join this community movement.
Like Ripple and ethereum
Read this !! ...>
http://www.cryptocoinsnews.com/bitcoin-whale?utm_source=rss&utm_medium=rss&utm_campaign=who-moves-the-btc-market
and you know what is going on out there on the financial (high end) side ...>>
I hope you guys are still reading as this is really interesting !!
Read this !! ...>
http://www.cryptocoinsnews.com/bitcoin-whale?utm_source=rss&utm_medium=rss&utm_campaign=who-moves-the-btc-market
and you know what is going on out there on the financial (high end) side ...>>