It is my opinion that that things like Hedge Funds CDS, Mortgaged
backed securities, and worthless debt obligations like student loans are
actually structured and held corporate balance sheets, unbeknownst to most. The Banks, Hedge Funds, and Corporate Insiders
I believe, work in concert on a mutually beneficial level, for the purpose of
rigging the game.
1. A group of
hedge funds all purchase equity interests in a listed company.
2. The hedge funds
elect new board of directors
3. The directors
replace management with someone of low moral regard who has a fetish for
excessive leverage.
4. Banks extend a
line of credit to the company
5. Company starts aggressively
making asset purchases and entering into agreements (Land/Coal/Trees/Rights,
etc), with either third parties or entities controlled by insiders themselves.