Here are some of the most current stories on Karl Rove who has continued to remained unscathed from all of the crimes, wrongdoings and the Congressional supoena that he still ignores. Karl must be feeling pretty good about himself. Letâ€™s see what heâ€™s up toâ€¦.
Archive for October 21st, 2008
The roots of this yearâ€™s financial crisis go back to a small team of bankers at J.P. Morgan in New York led by Bill Demchak, once unknown on â€œmain street.â€ His team created and then industrialized credit derivatives, which have enveloped the global markets, growing to a mind-numbing $58 trillion worth of credit contracts helping bring down Wall Street leaving Morgan with its biggest exposure of all.