Israeli General says “defence establishment is sending out false alarms [about Iran] in order to grab a bigger budget”

Stacy Summary: All roads of fear lead to profiteers.

104 comments on “Israeli General says “defence establishment is sending out false alarms [about Iran] in order to grab a bigger budget”
  1. harry_w says:

    @ frances,

    The article was by Peter Koeing, 18 Oct 2008.

    CDS contracts were originated in both London [i]and[/i] New York, mainly produced by US financial corporations, like AIG-FP, but also by UK and European institutions.

    I’m not concerned about ‘nasty blue fairies’, I was raising a point about the the ‘ratholes’ being present in both Wall St and the City.

    Standard & Poors, Fitch, and Moody’s are all rating agencies, not regulators.

    We were talking about negligent regulation, that was the subject of the article you cited.

  2. frances snoot says:

    “Standard & Poors, Fitch, and Moody’s are all rating agencies, not regulators.”

    I’m sorry, problem with semantics. The ratings agencies will be in a position of power designated by basel committee concerning Tier 1 CAR.

    I’m not concerned about ‘nasty blue fairies’,

    I would be, if I were you, HarryW. Never know when one might pop up on you, unexpected-like. Better to be ‘on your guard’.

  3. frances snoot says:

    The article was by Peter Koeing, 18 Oct 2008.

    my bad, pardon me
    I linked Ambrose earlier and was mistaken.

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