• Credit Default Swaps and Burning Down Your House For Insurance

    Author and economy analyst John Sneisen talks to Josh Sigurdson about the similarities and differences between credit default swaps and burning down your house for insurance, a notion John takes from derivatives and trends expert Stephen Kendal. As we see this implemented more and more it's important that the people are aware of what's happening in their back yard. For legal reasons we must note that we bring this info to you as our personal opinions, but we're quite sure you can put the pieces together. Our goal is to make sure you and your family are prepared for everything that's coming at us from the global banking complex. Stay tuned for much more at World Alternative Media and don't forget to send in your questions! Video edited by Josh Sigurdson Featuring: John Thore Stub Sn...

    published: 18 Apr 2016
  • Credit default swaps | Finance & Capital Markets | Khan Academy

    Introduction to credit default swaps. Created by Sal Khan. Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/core-finance/derivative-securities/credit-default-swaps-tut/v/credit-default-swaps-2?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/derivative-securities/credit-default-swaps-tut/v/credit-default-swaps-cds-intro?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: Interest is the basis of modern capital markets. Depending on whether you are lending or borrowing, it can be viewed as a return on an asset (lending) or the cost of capital (borrowing). This tutorial gives a...

    published: 28 Sep 2008
  • Credit default swaps on world's favorite 'safe haven' Cashin

    published: 11 Feb 2018
  • Credit default swaps (CDS) - What are they and should investors be worried about them?

    Deemed financial weapons of mass destruction by Warren Buffet. Tim Bennett explains what a credit default swap (CDS) is and whether or not investors should be worried about them. Don't miss out on Tim Bennett's video tutorials -- get the latest video sent straight to your inbox each week, before it's released on YouTube: http://bit.ly/TimBSubscribe To receive Tim's 50 FREE MoneyWeek Basics emails: http://bit.ly/mwk-basics Watch over 100 of Tim's videos for free: http://MoneyWeek.com/tutorials Or download them to your mobile device: http://bit.ly/TimBpodcast For the most important financial stories and how to profit from them: http://MoneyWeek.com http://Facebook.com/pages/MoneyWeek/110326662354766 http://Twitter.com/moneyweek Video series by CFA UK Highly Commended journalist Tim Benn...

    published: 08 Jul 2011
  • The Crisis of Credit Visualized - HD

    The Short and Simple Story of the Credit Crisis -- The Full Version By Jonathan Jarvis. Crisisofcredit.com The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated. This is the original, full version.

    published: 23 Jan 2011
  • Credit default swaps and collaterized debt obligations

    A nice clip from "The Big Short" on CDS and CDO.

    published: 02 May 2016
  • THE BIG SHORT MOVIE EXPLAINED ANIMIATED

    The big short movie small explanation on shorting the housing market, subprime mortgage crisis, and Credit default swaps. Music by: http://bensound.com

    published: 10 Jan 2016
  • FRM: How d2 in Black-Scholes becomes PD in Merton model

    In Black-Scholes, N(d2) is the probability that the option will be struck in the risk-neutral world. The Merton model for credit risk uses the Black-Scholes by treating equity as a call option on firm assets. In Merton, d2 becomes the "distance to default" and N(-d2) becomes the probability of default (PD). For more financial risk videos, visit our website! http://www.bionicturtle.com

    published: 07 Aug 2008
  • The Big Short (2015) - Dr. Michael Burry Betting Against the Housing Market [HD 1080p]

    Dr.Michael Burry talks Big Investment Banks on Wall-street into creating and selling Credit Default Swaps on Mortgage Backed Bonds to him in 2005. He was the first person to do so and later other investors and investment banks would use his idea to structure various derivatives on American housing market. Full Playlist: https://www.youtube.com/playlist?list=PL_eGtR10uhM33lgUrczfm7uZUXCh6a6Zx

    published: 23 Apr 2016
  • FRM: Credit linked note (CLN)

    A CLN is similar to a credit default swap (CDS): both transfer credit risk to investors. However, the CLN is FUNDED; the bond owner does not really incur counterparty risk. Instead, the investors (CLN Buyers) incur counterparty risk. Plus, they are concerned with correlation between the CLN Issuer and the reference bond. For more financial risk videos, visit our website! http://www.bionicturtle.com

    published: 13 Mar 2008
  • Deutsche Bank Trading Revenue PLUNGES 30% - Time Is Running Out!

    Josh Sigurdson talks with author and economic analyst John Sneisen about the recent 30% plunge in Deutsche Bank's trading revenue. Deutsche Bank has had some serious problems for a long time. One of the most manipulative banks in the world, Deutsche Bank's derivatives madness has a timer and that timer is running out. WAM has been reporting on Deutsche Bank for 2 years as the bank has gone through a 75 trillion dollar derivative exposure and countless lawsuits. We called them the next Lehman Brothers long ago and we stick by that prediction, but Deutsche Bank isn't alone in that title. Deutsche Bank settled lawsuits in 2016 regarding their manipulation of gold and silver prices alongside banks such as HSBC, Scotia Bank, PNB Paribas, Bank of America and many other. They've been sued for...

    published: 28 Oct 2017
  • The Financial Crisis of 2008 - the most dangerous crisis since the Great Depression (Documentary)

    In 2008 the world economy faced its most dangerous crisis since the Great Depression of the 1930s. The contagion, which began in 2007 when sky-high home prices in the United States finally turned decisively downward, spread quickly, first to the entire U.S. financial sector and then to financial markets overseas. The casualties in the United States included a) the entire investment banking industry, b) the biggest insurance company, c) the two enterprises chartered by the government to facilitate mortgage lending, d) the largest mortgage lender, e) the largest savings and loan, and f) two of the largest commercial banks. The carnage was not limited to the financial sector, however, as companies that normally rely on credit suffered heavily. The American auto industry, which pleaded for a f...

    published: 30 Jun 2016
  • 2014 ISDA Credit Derivatives Definitions: A New World And The Path To Here by Edmund Parker

    Edmund Parker, Global Co-head of Derivatives & Structured Products at Mayer Brown, discusses the 2014 ISDA Credit Derivatives Definitions, the principal changes made to the 2009 update, as well as some of the history as to how the definitions have developed.

    published: 16 Jun 2014
  • Federal Reserve Buying Up MASSIVE Amounts Of Debt! - Bubbles Are Bursting & The Dollar Is CRASHING!

    Josh Sigurdson talks with author and economic analyst John Sneisen regarding the massive buy-up of mortgage bond debt by the Federal Reserve. According to Reuters, "The Federal Reserve bought $7.029 billion of agency mortgage-backed securities in the week from Sep. 28 to Oct. 4, compared with $6.937 billion purchased the previous week..." On top of all of this, the Fed is selling none of this debt! Of course in 2006 and 2007, mortgage backed secrities were huge. As were collateralized debt obligations and credit default swaps. This vast manipulation of the markets based in debt and derivatives lead to the massive housing bubble burst/crash in 2007. We are now seeing a huge return of mortgage backed securities as the Federal Reserve continues to print vast amounts of worthless fiat cu...

    published: 06 Oct 2017
  • Credit Default Swaps - the next crisis?pt2

    BBC Newsnight feature by Alex Ritson on a little-known financial product that scares the wits out of some of the biggest names in the investment world. "This could bankrupt the bank where you have YOUR savings" Part 2 of 2

    published: 25 Jul 2008
  • France Credit Default Swaps

    Watch Out World - The Frence Credit Default Swaps are getting expensive

    published: 17 Nov 2011
  • Credit Default Swaps for dummies.

    From "Inside Job", Credit default swaps explained.

    published: 17 Jul 2011
  • Banks Preparing For MASSIVE MARKET CRASH! - This Has Happened Before!

    Josh Sigurdson talks with author and economic analyst John Sneisen about the creation of artificial CDOs at Citibank. CDOs are collateralized debt obligations which means many packaged together bad mortgages with a couple good ones in order to rate them triple A. This is an insane tactic which has always lead to bubble bursts. The derivatives markets are wrought with debt and manipulation. Credit default swaps left and right. Well an artificial CDO is a little bit different but no less crazy. This exact situation popped up in 2007 (no pun intended) right before the massive burst of the bubble in the housing market. Of course right now, the housing markets in Vancouver, Toronto, Seattle, San Francisco, Oslo, Sydney, Perth, London and so many other places in the world are bubbling up and ...

    published: 04 Nov 2017
  • Credit Default Swaps As Snake Oil

    March 18, 2009: Watch Congressman Gary Ackerman question witnesses on the value of credit default swaps at the House Financial Services Subcommittee hearing, "AIG's Impact on the Global Economy: Before, During, and After Federal Intervention."

    published: 15 Sep 2010
  • Michigan Bank Makes DESPERATE Move As Housing Bubble Looms!

    Josh Sigurdson talks with author and economic analyst John Sneisen about the concerning revelations out of Michigan as Flagstar Bank puts out zero-down mortgages out of absolute desperation. We've seen the return of collateralized debt obligations, mortgage backed securities and credit default swaps to exhaust. Half of the top 50 markets in the United States are overvalued and this move by Flagstar Bank in Michigan is destructive to say the least. These people are vultures. Flagstar will even cover your closing costs in an attempt to convince people to go into debt and risk everything. Those who take part will need to make an annual income of at least $35,000 to $62,000 a year. Your house is not an asset until you successfully sell it. This piling up of manipulation and derivatives/deb...

    published: 19 Nov 2017
  • What Happens If You Don't Pay Off Your Student Loans?

    Student debt has now surpassed 1 trillion dollars in the US. The high cost of education coupled with a rocky job market means that most students need to defer payments after graduation. How bad is defaulting on student loans? What happens when you just can't pay them? Go to http://testtube.ting.com to find out how much you could save by switching your mobile service. Get $25 in Ting credit and help support the show! Learn More: 3 Reasons to Never Default on Your Federal Student Loan http://www.forbes.com/sites/moneywisewomen/2012/08/29/3-reasons-to-never-default-on-your-federal-student-loan/ "You went to college for four years and got your degree. If you're like most Americans, you had to do it with a little help from Uncle Sam in the form of federal student loans." Don't igno...

    published: 16 Sep 2014
  • Wall Street's Shadow Market

    Steve Kroft looks at some of the arcane Wall Street financial instruments that have magnified the economic crisis.

    published: 05 Oct 2008
  • Scourge Of The Financial Crisis, Credit Default Swaps Are Back

    Blamed for making the 2008 financial crisis even worse than it might have been, Credit default swaps are back on the market. The default swaps were central to the investment bank's unraveling, and are essentially a financial contract in which a buyer of corporate debt in the form of bonds attempts to eliminate loss by receiving insurance against loss as part of the agreement. Designed to protect those who own corporate bonds from the risk of default, the seller takes on the risk in return for an upfront and periodic payments throughout the lifetime of the agreement. These Credit default swaps have been growing in popularity again since 2015, as investors turn to riskier products in pursuit of higher returns. According to the Financial Times, low volatility in credit markets and high prices...

    published: 24 Aug 2017
  • The Big Short - Credit Swaps

    Dr. Michael Burry bets against the then iron clad housing market by having multiple banks create credit swaps and then selling mortgage backed securities short. Straight come up.

    published: 05 Mar 2016
developed with YouTube
Credit Default Swaps and Burning Down Your House For Insurance

Credit Default Swaps and Burning Down Your House For Insurance

  • Order:
  • Duration: 6:53
  • Updated: 18 Apr 2016
  • views: 594
videos
Author and economy analyst John Sneisen talks to Josh Sigurdson about the similarities and differences between credit default swaps and burning down your house for insurance, a notion John takes from derivatives and trends expert Stephen Kendal. As we see this implemented more and more it's important that the people are aware of what's happening in their back yard. For legal reasons we must note that we bring this info to you as our personal opinions, but we're quite sure you can put the pieces together. Our goal is to make sure you and your family are prepared for everything that's coming at us from the global banking complex. Stay tuned for much more at World Alternative Media and don't forget to send in your questions! Video edited by Josh Sigurdson Featuring: John Thore Stub Sneisen Josh Sigurdson Graphics by Bryan Foerster and Josh Sigurdson Visit us at www.WorldAlternativeMedia.com LIKE us on Facebook here: https://www.facebook.com/LibertyShallPrevail/ Follow us on Twitter here: https://twitter.com/WorldAltMedia DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! Pledge here and you may be rewarded! https://www.patreon.com/user?u=2652072&ty=h World Alternative Media 2016 "Find the truth, be the change."
https://wn.com/Credit_Default_Swaps_And_Burning_Down_Your_House_For_Insurance
Credit default swaps | Finance & Capital Markets | Khan Academy

Credit default swaps | Finance & Capital Markets | Khan Academy

  • Order:
  • Duration: 10:57
  • Updated: 28 Sep 2008
  • views: 503252
videos
Introduction to credit default swaps. Created by Sal Khan. Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/core-finance/derivative-securities/credit-default-swaps-tut/v/credit-default-swaps-2?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/derivative-securities/credit-default-swaps-tut/v/credit-default-swaps-cds-intro?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: Interest is the basis of modern capital markets. Depending on whether you are lending or borrowing, it can be viewed as a return on an asset (lending) or the cost of capital (borrowing). This tutorial gives an introduction to this fundamental concept, including what it means to compound. It also gives a rule of thumb that might make it easy to do some rough interest calculations in your head. About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy’s Finance and Capital Markets channel: https://www.youtube.com/channel/UCQ1Rt02HirUvBK2D2-ZO_2g?sub_confirmation=1 Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
https://wn.com/Credit_Default_Swaps_|_Finance_Capital_Markets_|_Khan_Academy
Credit default swaps on world's favorite 'safe haven' Cashin

Credit default swaps on world's favorite 'safe haven' Cashin

  • Order:
  • Duration: 1:39
  • Updated: 11 Feb 2018
  • views: 0
videos
https://wn.com/Credit_Default_Swaps_On_World's_Favorite_'Safe_Haven'_Cashin
Credit default swaps (CDS) - What are they and should investors be worried about them?

Credit default swaps (CDS) - What are they and should investors be worried about them?

  • Order:
  • Duration: 17:08
  • Updated: 08 Jul 2011
  • views: 144407
videos
Deemed financial weapons of mass destruction by Warren Buffet. Tim Bennett explains what a credit default swap (CDS) is and whether or not investors should be worried about them. Don't miss out on Tim Bennett's video tutorials -- get the latest video sent straight to your inbox each week, before it's released on YouTube: http://bit.ly/TimBSubscribe To receive Tim's 50 FREE MoneyWeek Basics emails: http://bit.ly/mwk-basics Watch over 100 of Tim's videos for free: http://MoneyWeek.com/tutorials Or download them to your mobile device: http://bit.ly/TimBpodcast For the most important financial stories and how to profit from them: http://MoneyWeek.com http://Facebook.com/pages/MoneyWeek/110326662354766 http://Twitter.com/moneyweek Video series by CFA UK Highly Commended journalist Tim Bennett. http://twitter.com/TimMoneyweek
https://wn.com/Credit_Default_Swaps_(Cds)_What_Are_They_And_Should_Investors_Be_Worried_About_Them
The Crisis of Credit Visualized - HD

The Crisis of Credit Visualized - HD

  • Order:
  • Duration: 11:11
  • Updated: 23 Jan 2011
  • views: 1709095
videos
The Short and Simple Story of the Credit Crisis -- The Full Version By Jonathan Jarvis. Crisisofcredit.com The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated. This is the original, full version.
https://wn.com/The_Crisis_Of_Credit_Visualized_Hd
Credit default swaps and collaterized debt obligations

Credit default swaps and collaterized debt obligations

  • Order:
  • Duration: 2:03
  • Updated: 02 May 2016
  • views: 955
videos
A nice clip from "The Big Short" on CDS and CDO.
https://wn.com/Credit_Default_Swaps_And_Collaterized_Debt_Obligations
THE BIG SHORT MOVIE EXPLAINED ANIMIATED

THE BIG SHORT MOVIE EXPLAINED ANIMIATED

  • Order:
  • Duration: 5:04
  • Updated: 10 Jan 2016
  • views: 296804
videos
The big short movie small explanation on shorting the housing market, subprime mortgage crisis, and Credit default swaps. Music by: http://bensound.com
https://wn.com/The_Big_Short_Movie_Explained_Animiated
FRM: How d2 in Black-Scholes becomes PD in Merton model

FRM: How d2 in Black-Scholes becomes PD in Merton model

  • Order:
  • Duration: 10:01
  • Updated: 07 Aug 2008
  • views: 38005
videos
In Black-Scholes, N(d2) is the probability that the option will be struck in the risk-neutral world. The Merton model for credit risk uses the Black-Scholes by treating equity as a call option on firm assets. In Merton, d2 becomes the "distance to default" and N(-d2) becomes the probability of default (PD). For more financial risk videos, visit our website! http://www.bionicturtle.com
https://wn.com/Frm_How_D2_In_Black_Scholes_Becomes_Pd_In_Merton_Model
The Big Short (2015) - Dr. Michael Burry Betting Against the Housing Market [HD 1080p]

The Big Short (2015) - Dr. Michael Burry Betting Against the Housing Market [HD 1080p]

  • Order:
  • Duration: 4:30
  • Updated: 23 Apr 2016
  • views: 1088411
videos
Dr.Michael Burry talks Big Investment Banks on Wall-street into creating and selling Credit Default Swaps on Mortgage Backed Bonds to him in 2005. He was the first person to do so and later other investors and investment banks would use his idea to structure various derivatives on American housing market. Full Playlist: https://www.youtube.com/playlist?list=PL_eGtR10uhM33lgUrczfm7uZUXCh6a6Zx
https://wn.com/The_Big_Short_(2015)_Dr._Michael_Burry_Betting_Against_The_Housing_Market_Hd_1080P
FRM: Credit linked note (CLN)

FRM: Credit linked note (CLN)

  • Order:
  • Duration: 5:54
  • Updated: 13 Mar 2008
  • views: 40490
videos
A CLN is similar to a credit default swap (CDS): both transfer credit risk to investors. However, the CLN is FUNDED; the bond owner does not really incur counterparty risk. Instead, the investors (CLN Buyers) incur counterparty risk. Plus, they are concerned with correlation between the CLN Issuer and the reference bond. For more financial risk videos, visit our website! http://www.bionicturtle.com
https://wn.com/Frm_Credit_Linked_Note_(Cln)
Deutsche Bank Trading Revenue PLUNGES 30% - Time Is Running Out!

Deutsche Bank Trading Revenue PLUNGES 30% - Time Is Running Out!

  • Order:
  • Duration: 14:04
  • Updated: 28 Oct 2017
  • views: 7851
videos
Josh Sigurdson talks with author and economic analyst John Sneisen about the recent 30% plunge in Deutsche Bank's trading revenue. Deutsche Bank has had some serious problems for a long time. One of the most manipulative banks in the world, Deutsche Bank's derivatives madness has a timer and that timer is running out. WAM has been reporting on Deutsche Bank for 2 years as the bank has gone through a 75 trillion dollar derivative exposure and countless lawsuits. We called them the next Lehman Brothers long ago and we stick by that prediction, but Deutsche Bank isn't alone in that title. Deutsche Bank settled lawsuits in 2016 regarding their manipulation of gold and silver prices alongside banks such as HSBC, Scotia Bank, PNB Paribas, Bank of America and many other. They've been sued for running an international criminal organization. To say the least, they're far from ethical. Now with this recent trading revenue plunge the forecast doesn't look too good. In fact it looks like a hurricane of epic proportions is coming their way and is sure to bring down their depositors and creditors too. They've been holding themselves up with massive manipulative practices. The derivatives market. Their credit default swaps have dropped from about 232 to around 88 since the beginning of the year. John Cryan, the CEO is likely to be replaced soon and as Markus Riesselmann, an analyst at Independent Research in Frankfurt (who has a buy reco on the bank) says, “These aren’t the kind of numbers you want to keep seeing. The longer this goes on, the harder it gets to believe management’s hopes for a recovery. We cannot see another two or three quarters like this.” Of course the last few quarters have been excruciating for Deutsche Bank. Deutsche Bank’s Q3 2017 revenues were €6.78 billion, below market expectations of €6.88 billion. The share price fell 2.7% shortly after the European market open. Trading revenue was down 30% year-on-year to €1.512 billion versus €2.162 billion in Q2 2017. Trading revenues in Q2 2017 fell 18% year-on-year to 1.666 billion euros versus 2.027 billion euros. Talk about insane! We will continue to cover this issue as it no doubt unfolds! Stay tuned! Video edited by Josh Sigurdson Featuring: Josh Sigurdson John Thore Stub Sneisen Graphics by Bryan Foerster and Josh Sigurdson Visit us at www.WorldAlternativeMedia.com LIKE us on Facebook here: https://www.facebook.com/LibertyShallPrevail/ Follow us on Twitter here: https://twitter.com/WorldAltMedia FIND US ON STEEMIT: https://steemit.com/@joshsigurdson BUY JOHN SNEISEN'S LATEST BOOK HERE: Paperback https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602 Kindle https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1 DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship! https://www.patreon.com/user?u=2652072&ty=h&u=2652072 BITCOIN ADDRESS: 18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU World Alternative Media 2017 "Find the truth, be the change!"
https://wn.com/Deutsche_Bank_Trading_Revenue_Plunges_30_Time_Is_Running_Out
The Financial Crisis of 2008 - the most dangerous crisis since the Great Depression  (Documentary)

The Financial Crisis of 2008 - the most dangerous crisis since the Great Depression (Documentary)

  • Order:
  • Duration: 2:49:16
  • Updated: 30 Jun 2016
  • views: 1834
videos
In 2008 the world economy faced its most dangerous crisis since the Great Depression of the 1930s. The contagion, which began in 2007 when sky-high home prices in the United States finally turned decisively downward, spread quickly, first to the entire U.S. financial sector and then to financial markets overseas. The casualties in the United States included a) the entire investment banking industry, b) the biggest insurance company, c) the two enterprises chartered by the government to facilitate mortgage lending, d) the largest mortgage lender, e) the largest savings and loan, and f) two of the largest commercial banks. The carnage was not limited to the financial sector, however, as companies that normally rely on credit suffered heavily. The American auto industry, which pleaded for a federal bailout, found itself at the edge of an abyss. Still more ominously, banks, trusting no one to pay them back, simply stopped making the loans that most businesses need to regulate their cash flows and without which they cannot do business. Share prices plunged throughout the world-the Dow Jones Industrial Average in the U.S. lost 33.8% of its value in 2008-and by the end of the year, a deep recession had enveloped most of the globe. In December the National Bureau of Economic Research, the private group recognized as the official arbiter of such things, determined that a recession had begun in the United States in December 2007, which made this already the third longest recession in the U.S. since World War II. Each in its own way, economies abroad marched to the American drummer. By the end of the year, Germany, Japan, and China were locked in recession, as were many smaller countries. Many in Europe paid the price for having dabbled in American real estate securities. Japan and China largely avoided that pitfall, but their export-oriented manufacturers suffered as recessions in their major markets-the U.S. and Europe-cut deep into demand for their products. Less-developed countries likewise lost markets abroad, and their foreign investment, on which they had depended for growth capital, withered. With none of the biggest economies prospering, there was no obvious engine to pull the world out of its recession, and both government and private economists predicted a rough recovery. How did a crisis in the American housing market threaten to drag down the entire global economy? It began with mortgage dealers who issued mortgages with terms unfavourable to borrowers, who were often families that did not qualify for ordinary home loans. Some of these so-called subprime mortgages carried low "teaser" interest rates in the early years that ballooned to double-digit rates in later years. Some included prepayment penalties that made it prohibitively expensive to refinance. These features were easy to miss for first-time home buyers, many of them unsophisticated in such matters, who were beguiled by the prospect that, no matter what their income or their ability to make a down payment, they could own a home. Mortgage lenders did not merely hold the loans, content to receive a monthly check from the mortgage holder. Frequently they sold these loans to a bank or to Fannie Mae or Freddie Mac, two government-chartered institutions created to buy up mortgages and provide mortgage lenders with more money to lend. Fannie Mae and Freddie Mac might then sell the mortgages to investment banks that would bundle them with hundreds or thousands of others into a "mortgage-backed security" that would provide an income stream comprising the sum of all of the monthly mortgage payments. Then the security would be sliced into perhaps 1,000 smaller pieces that would be sold to investors, often misidentified as low-risk investments. The insurance industry got into the game by trading in "credit default swaps"-in effect, insurance policies stipulating that, in return for a fee, the insurers would assume any losses caused by mortgage-holder defaults. What began as insurance, however, turned quickly into speculation as financial institutions bought or sold credit default swaps on assets that they did not own. As early as 2003, Warren Buffett, the renowned American investor and CEO of Berkshire Hathaway, called them "financial weapons of mass destruction." About $900 billion in credit was insured by these derivatives in 2001, but the total soared to an astounding $62 trillion by the beginning of 2008. -~-~~-~~~-~~-~- Please watch: "EXPOSING: Roman Curia (Catholic Church) And Global Pedophila Networks" https://www.youtube.com/watch?v=mxGgRSRDuRM -~-~~-~~~-~~-~-
https://wn.com/The_Financial_Crisis_Of_2008_The_Most_Dangerous_Crisis_Since_The_Great_Depression_(Documentary)
2014 ISDA Credit Derivatives Definitions: A New World And The Path To Here by Edmund Parker

2014 ISDA Credit Derivatives Definitions: A New World And The Path To Here by Edmund Parker

  • Order:
  • Duration: 19:59
  • Updated: 16 Jun 2014
  • views: 1406
videos
Edmund Parker, Global Co-head of Derivatives & Structured Products at Mayer Brown, discusses the 2014 ISDA Credit Derivatives Definitions, the principal changes made to the 2009 update, as well as some of the history as to how the definitions have developed.
https://wn.com/2014_Isda_Credit_Derivatives_Definitions_A_New_World_And_The_Path_To_Here_By_Edmund_Parker
Federal Reserve Buying Up MASSIVE Amounts Of Debt! - Bubbles Are Bursting & The Dollar Is CRASHING!

Federal Reserve Buying Up MASSIVE Amounts Of Debt! - Bubbles Are Bursting & The Dollar Is CRASHING!

  • Order:
  • Duration: 18:50
  • Updated: 06 Oct 2017
  • views: 9184
videos
Josh Sigurdson talks with author and economic analyst John Sneisen regarding the massive buy-up of mortgage bond debt by the Federal Reserve. According to Reuters, "The Federal Reserve bought $7.029 billion of agency mortgage-backed securities in the week from Sep. 28 to Oct. 4, compared with $6.937 billion purchased the previous week..." On top of all of this, the Fed is selling none of this debt! Of course in 2006 and 2007, mortgage backed secrities were huge. As were collateralized debt obligations and credit default swaps. This vast manipulation of the markets based in debt and derivatives lead to the massive housing bubble burst/crash in 2007. We are now seeing a huge return of mortgage backed securities as the Federal Reserve continues to print vast amounts of worthless fiat currency. The combination of market and monetary manipulation is brewing up an epic storm that's due to touch down at any time. This will lead to a very subservient impoverished public. John breaks down how this will affect the average person, how it struck in 2007 and how it will strike in the near future. The bubble is inflating more by the day and it's becoming more and more unsustainable. This is why people must be financially responsible and self sustainable. The state and banking system loves an indebted populace and individuals must get the upperhand and provide their own solutions. Stay tuned for more from WAM! Video edited by Josh Sigurdson Featuring: Josh Sigurdson John Thore Stub Sneisen Graphics by Bryan Foerster and Josh Sigurdson Visit us at www.WorldAlternativeMedia.com LIKE us on Facebook here: https://www.facebook.com/LibertyShallPrevail/ Follow us on Twitter here: https://twitter.com/WorldAltMedia FIND US ON STEEMIT: https://steemit.com/@joshsigurdson SPONSORED BY: Canam Bullion & Currency Exchange: https://canamcurrencyexchange.com/al1701a BUY JOHN SNEISEN'S LATEST BOOK HERE: Paperback https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602 Kindle https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1 DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship! https://www.patreon.com/user?u=2652072&ty=h&u=2652072 BITCOIN ADDRESS: 18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU World Alternative Media 2017 "Find the truth, be the change!"
https://wn.com/Federal_Reserve_Buying_Up_Massive_Amounts_Of_Debt_Bubbles_Are_Bursting_The_Dollar_Is_Crashing
Credit Default Swaps - the next crisis?pt2

Credit Default Swaps - the next crisis?pt2

  • Order:
  • Duration: 7:10
  • Updated: 25 Jul 2008
  • views: 8507
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BBC Newsnight feature by Alex Ritson on a little-known financial product that scares the wits out of some of the biggest names in the investment world. "This could bankrupt the bank where you have YOUR savings" Part 2 of 2
https://wn.com/Credit_Default_Swaps_The_Next_Crisis_Pt2
France Credit Default Swaps

France Credit Default Swaps

  • Order:
  • Duration: 6:46
  • Updated: 17 Nov 2011
  • views: 145
videos
Watch Out World - The Frence Credit Default Swaps are getting expensive
https://wn.com/France_Credit_Default_Swaps
Credit Default Swaps for dummies.

Credit Default Swaps for dummies.

  • Order:
  • Duration: 1:45
  • Updated: 17 Jul 2011
  • views: 19744
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From "Inside Job", Credit default swaps explained.
https://wn.com/Credit_Default_Swaps_For_Dummies.
Banks Preparing For MASSIVE MARKET CRASH! - This Has Happened Before!

Banks Preparing For MASSIVE MARKET CRASH! - This Has Happened Before!

  • Order:
  • Duration: 11:53
  • Updated: 04 Nov 2017
  • views: 19026
videos
Josh Sigurdson talks with author and economic analyst John Sneisen about the creation of artificial CDOs at Citibank. CDOs are collateralized debt obligations which means many packaged together bad mortgages with a couple good ones in order to rate them triple A. This is an insane tactic which has always lead to bubble bursts. The derivatives markets are wrought with debt and manipulation. Credit default swaps left and right. Well an artificial CDO is a little bit different but no less crazy. This exact situation popped up in 2007 (no pun intended) right before the massive burst of the bubble in the housing market. Of course right now, the housing markets in Vancouver, Toronto, Seattle, San Francisco, Oslo, Sydney, Perth, London and so many other places in the world are bubbling up and ready to pop. The markets are wholly manipulated by state and state sponsored powers. Then the monetary system is incredibly manipulated as well. In fact it's entirely built on manipulation as fiat currency is printed out of thin air, devaluing at inception, bringing inflation up and creating vast amounts of debt. This will all come down together and it will be epic. However there are many solutions people can utilize if they understand the system that's built to push them into servitude. One must know the problems before applying solutions. Stay tuned for more from WAM! Video edited by Josh Sigurdson Featuring: Josh Sigurdson John Thore Stub Sneisen Graphics by Bryan Foerster and Josh Sigurdson Visit us at www.WorldAlternativeMedia.com LIKE us on Facebook here: https://www.facebook.com/LibertyShallPrevail/ Follow us on Twitter here: https://twitter.com/WorldAltMedia FIND US ON STEEMIT: https://steemit.com/@joshsigurdson BUY JOHN SNEISEN'S LATEST BOOK HERE: Paperback https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602 Kindle https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1 DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship! https://www.patreon.com/user?u=2652072&ty=h&u=2652072 BITCOIN ADDRESS: 18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU World Alternative Media 2017 "Find the truth, be the change!"
https://wn.com/Banks_Preparing_For_Massive_Market_Crash_This_Has_Happened_Before
Credit Default Swaps As Snake Oil

Credit Default Swaps As Snake Oil

  • Order:
  • Duration: 3:55
  • Updated: 15 Sep 2010
  • views: 214
videos
March 18, 2009: Watch Congressman Gary Ackerman question witnesses on the value of credit default swaps at the House Financial Services Subcommittee hearing, "AIG's Impact on the Global Economy: Before, During, and After Federal Intervention."
https://wn.com/Credit_Default_Swaps_As_Snake_Oil
Michigan Bank Makes DESPERATE Move As Housing Bubble Looms!

Michigan Bank Makes DESPERATE Move As Housing Bubble Looms!

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  • Duration: 14:14
  • Updated: 19 Nov 2017
  • views: 8678
videos
Josh Sigurdson talks with author and economic analyst John Sneisen about the concerning revelations out of Michigan as Flagstar Bank puts out zero-down mortgages out of absolute desperation. We've seen the return of collateralized debt obligations, mortgage backed securities and credit default swaps to exhaust. Half of the top 50 markets in the United States are overvalued and this move by Flagstar Bank in Michigan is destructive to say the least. These people are vultures. Flagstar will even cover your closing costs in an attempt to convince people to go into debt and risk everything. Those who take part will need to make an annual income of at least $35,000 to $62,000 a year. Your house is not an asset until you successfully sell it. This piling up of manipulation and derivatives/debt will end with the inevitable. We hope the people of Detroit learned from 2007, but the banks are still there to try and take advantage of people. The fundamentals are off the table due to the level of manipulation, so we don't know exactly when it will happen, but we know it will indeed happen eventually and we are seeing a lot of signs of a looming collapse today, so it's best to be over-prepared. It's far safer than being under-prepared. Stay tuned as we continue to cover this subject! Video edited by Josh Sigurdson Featuring: Josh Sigurdson John Thore Stub Sneisen Graphics by Bryan Foerster and Josh Sigurdson Visit us at www.WorldAlternativeMedia.com LIKE us on Facebook here: https://www.facebook.com/LibertyShallPrevail/ Follow us on Twitter here: https://twitter.com/WorldAltMedia FIND US ON STEEMIT: https://steemit.com/@joshsigurdson BUY JOHN SNEISEN'S LATEST BOOK HERE: Paperback https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602 Kindle https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1 DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship! https://www.patreon.com/user?u=2652072&ty=h&u=2652072 BITCOIN ADDRESS: 18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU World Alternative Media 2017 "Find the truth, be the change!"
https://wn.com/Michigan_Bank_Makes_Desperate_Move_As_Housing_Bubble_Looms
What Happens If You Don't Pay Off Your Student Loans?

What Happens If You Don't Pay Off Your Student Loans?

  • Order:
  • Duration: 3:05
  • Updated: 16 Sep 2014
  • views: 475676
videos
Student debt has now surpassed 1 trillion dollars in the US. The high cost of education coupled with a rocky job market means that most students need to defer payments after graduation. How bad is defaulting on student loans? What happens when you just can't pay them? Go to http://testtube.ting.com to find out how much you could save by switching your mobile service. Get $25 in Ting credit and help support the show! Learn More: 3 Reasons to Never Default on Your Federal Student Loan http://www.forbes.com/sites/moneywisewomen/2012/08/29/3-reasons-to-never-default-on-your-federal-student-loan/ "You went to college for four years and got your degree. If you're like most Americans, you had to do it with a little help from Uncle Sam in the form of federal student loans." Don't ignore your student loan payments or you'll risk going into default https://studentaid.ed.gov/repay-loans/default "If you don't make your loan payments, you risk going into default." What Happens If I Ignore My Student Loans? http://www.foxbusiness.com/personal-finance/2014/06/10/what-happens-if-ignore-my-student-loans/ "By some estimates, nearly one in three student loan borrowers in repayment are behind on their payments. Some of those borrowers may be paying as much as they can, when they can, but others may feel their debt is hopeless and are taking the ostrich approach instead." Your Federal Student Loans: Learn the Basics and Manage Your Debt https://studentaid.ed.gov/sites/default/files/your-federal-student-loans.pdf "If you don't make payments for more than 270 days (except for Perkins Loans), your loan will go into default and your credit rating could suffer. If your credit rating is affected negatively, you may be denied future education or consumer loans, and you may not be able, for example, to obtain a mortgage, rent an apartment, buy a car, or secure employment." Watch More: Should the minimum wage be raised? https://www.youtube.com/watch?v=vg2xW1xFj2c&list=UUgRvm1yLFoaQKhmaTqXk9SA Subscribe! http://www.youtube.com/subscription_center?add_user=testtubenetwork _________________________ TestTube's new daily show is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It's a place where curiosity rules and together we'll get a clearer understanding of this crazy world we live in.
https://wn.com/What_Happens_If_You_Don't_Pay_Off_Your_Student_Loans
Wall Street's Shadow Market

Wall Street's Shadow Market

  • Order:
  • Duration: 12:04
  • Updated: 05 Oct 2008
  • views: 79657
videos
Steve Kroft looks at some of the arcane Wall Street financial instruments that have magnified the economic crisis.
https://wn.com/Wall_Street's_Shadow_Market
Scourge Of The Financial Crisis, Credit Default Swaps Are Back

Scourge Of The Financial Crisis, Credit Default Swaps Are Back

  • Order:
  • Duration: 1:07
  • Updated: 24 Aug 2017
  • views: 130
videos
Blamed for making the 2008 financial crisis even worse than it might have been, Credit default swaps are back on the market. The default swaps were central to the investment bank's unraveling, and are essentially a financial contract in which a buyer of corporate debt in the form of bonds attempts to eliminate loss by receiving insurance against loss as part of the agreement. Designed to protect those who own corporate bonds from the risk of default, the seller takes on the risk in return for an upfront and periodic payments throughout the lifetime of the agreement. These Credit default swaps have been growing in popularity again since 2015, as investors turn to riskier products in pursuit of higher returns. According to the Financial Times, low volatility in credit markets and high prices for corporate debt have encouraged the growth in activity, with the value of trades for this year up to $30 billion, compared with $15 billion in 2016 and $10 billion in 2015. And when asked about the risk of a high number of defaults, a hedge fund trader told the paper, "I am terrified of it," but added that he did not think it would happen. http://www.businessinsider.com/credit-default-swaps-post-financial-crisis-product-popular-again-2017-8 http://www.wochit.com This video was produced by YT Wochit Business using http://wochit.com
https://wn.com/Scourge_Of_The_Financial_Crisis,_Credit_Default_Swaps_Are_Back
The Big Short - Credit Swaps

The Big Short - Credit Swaps

  • Order:
  • Duration: 6:24
  • Updated: 05 Mar 2016
  • views: 289746
videos
Dr. Michael Burry bets against the then iron clad housing market by having multiple banks create credit swaps and then selling mortgage backed securities short. Straight come up.
https://wn.com/The_Big_Short_Credit_Swaps