December 15, 2021
In 2008 CDS/MBS caused a financial crisis in which the entire world economy teetered on the brink of collapse. This collapse was bailed out by tax payer dollars and the public received NOTHING in return for their dollars spent. The large players, with a few exceptions, promised to be better but havent proven anything to the public due to a purposely opaque system. Here we stand on the cusp of 2022 with the same players, again, using swaps (including volatility) to hide short positions and terrible derivative bets that are ONCE AGAIN a harbinger to a new financial crisis. I emplore the SEC to give the people of the greatest country in the world a way to bring to light this obfuscation and make our rigged market fair for all.