The role of market regulator SEBI should also be investigated in the market manipulation case involving a former stock exchange boss and a Himalayan yogi, a court today told the CBI.
government. in texas that chronee government helped bring in campaign money but that s peanuts compared to the $700 million perry tried to grab in 2003 by setting up an elaborate insurance scheme that targeted retired schoolteachers in the state. the huffington post reports that the plan would have allowed swiss banking giant ubs to buy life insurance policies on elderly teachers and create a speculation business with wall street investors, gambling on when these teachers would die. the state would get paid for being the middle man in this gambling ring. if this sounds familiar to you, it s because the setup is similar to the same market scam that allowed wall street to bet on the value of people s homes leading to the financial collapse of 2008. i know it s unbelievable, isn t it? one of the architects of the mortgage-backed securities scandal was former republican senator from texas phil gramm.
one of the biggest lessons of the bush administration is that crony government leads to bad government. in texas that chronee government helped bring in campaign money but that s peanuts compared to the $700 million perry tried to grab in 2003 by setting up an elaborate insurance scheme that targeted retired schoolteachers in the state. the huffington post reports that the plan would have allowed swiss banking giant ubs to buy life insurance policies on elderly teachers and create a speculation business with wall street investors, gambling on when these teachers would die. the state would get paid for being the middle man in this gambling ring. if this sounds familiar to you, it s because the setup is similar to the same market scam that allowed wall street to bet on the value of people s homes leading to the financial collapse of 2008. i know it s unbelievable, isn t