[johntrade]

One might think that the alchemists on Wall Street would have changed their ways after its structured finance helped bring global markets to their knees; however, he would be wrong. The alchemists continue attempting to spin yarn into gold, which is one of the many reasons I refer to it as Fraud Street, this time more specifically in the insurance sector.

Chris Whalen, of Institutional Risk Analytics, describes the ongoing abuse of Fraud Street here

A number of commentators have raised the question of whether the low-interest rate policies of the Federal Reserve are stoking global inflation in commodities, food and energy. The answer to that question seems to be yes, but the inflationary pressure caused by the Fed