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Next Phase Of The Financial
Crisis - CDS Defaults

From F. William Engdahl
6-7-8
 
 
A young Cambridge graduate, Blythe Masters, convinced JP Morgan to
create what is now a $62 trillion time bomb
 
 
 
 
Retired Fed head, Alan Greenspan, is responsible for the
unregulated $62 trillion time bomb of CDSs
 
 
 
 
 
US billionaire Warren Buffett warned about the CDS dangers already
in 2002 as 'financial weapons of mass destruction'
 
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