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THOUGHT FOR THE DAY!

" One in 10 chance perhaps, but save Chile! ... not concerned with risks involved ... $10,000,000 available, more if necessary ... make the economy scream."-- CIA Director Richard Helms, discussing plan to destabilize government of Chile under democractically-elected President Salvador Allende

 

Societe Generale's Mea Culpa

I recall the massive news coverage on the sacrificial lamb that had been chosen by the Bank. This was early 2008. I was very suspicious about this story as it would provide a preemptive cover for derivative and cds losses they had to see coming. I wonder if the list below had anything to do with it ?

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