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 By Prieur du Plessis, on October 23rd, 2008 posted in: Investment, Markets, Money  2 people had their say - chime in!
So much has happened in the financial markets lately, prompting me to pre-empt the customary Sunday edition of the “Words from the Wise” post by sharing with you a number of video clips that have attracted my attention over the past few days. [...]
Mortgage Backed Securities are like boxes of chocolates. Criminals on Wall Street stole a few chocolates from the boxes and replaced them with turds. Their buddies at Standard & Poor rated these boxes AAA Investment Grade chocolates. These boxes were then sold all over the world to investors. Eventually somebody bites into [...] More on this topic (What's this?) Banks Continue to Stockpile Agency MBS (Value Investing, 12/28/11) Bank of America in Huge Legal Win (Value Investing, 2/7/12) The Eventual Unwinding Of QE: Why It’s Ignored And What It Could Mean (ValueWalk.com, 3/1/12)  |
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_4.gif)
 (requires Windows Media Player) 
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