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Been prevented. one woman says she personally recruited more than 70 young people to go through his place. what does that say that this case is being handled by the sdny public corruption unit? does it suggest that public officials could be under the mike scope? first the idea that maybe a minor has recruited other victims treated differently in the law than an employee or associate who maybe of age and adult will treat that differently. had the abuse is still same. the idea the public corruption unit that s the question here. one hand that unit is devoted to people elected officials. not billionaire hedge funds. there s some reason they have him there. either an official is implicated. high or low level. money laundering or tax crimes maybe a part of the investigation. or it maybe the associates who once were immunized in florida no longer have the same in the ....
Prime. glenn: how much is that going to add? who knows. who knows. the problem with the credit default swap is they re secret. trying to open them up through hearings sgsh who buys them? billionaire hedge funds, banks. glenn: let me ask you this by the way, that s what the banks are doing with your tarp money, buying some of the cdss. glenn: this is what i m thinking, this is a giant scam and we all know it, but let me explain it and tell me where i m wrong. we bail out i m using goldman sachs as an example. we bail out goldman sachs. we give them the money. okay? they get that bail-out money. then they take some of that money and they bet against themselves, they bet on default. right. glenn: right? right. glenn: they get a pay-off twice. yeah. three times, actually because remember they borrow money from the fed at 0% interest. that could be the biggest money of all. because that s, it s the fed that has been pushing out all the dollars. eventually, that is ....
Prime. glenn: how much is that going to add? who knows. who knows. the problem with the credit default swap is they re secret. trying to open them up through hearings sgsh who buys them? billionaire hedge funds, banks. glenn: let me ask you this by the way, that s what the banks are doing with your tarp money, buying some of the cdss. glenn: this is what i m thinking, this is a giant scam and we all know it, but let me explain it and tell me where i m wrong. we bail out i m using goldman sachs as an example. we bail out goldman sachs. we give them the money. okay? they get that bail-out money. then they take some of that money and they bet against themselves, they bet on default. right. glenn: right? right. glenn: they get a pay-off twice. yeah. three times, actually because remember they borrow money from the fed at 0% interest. that could be the biggest money of all. because that s, it s the fed that has been pushing out all the dollars. eventually, that is ....
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