dimelab dimelab: shrinking the gap between talk and action.

fraudulent derivative contracts Topic in The Credit Debacle Catalog

Jesse's Café Américain Tue 2009-09-01 14:56 EDT

Chinese State-Owned Companies Object to Face-Rippings, Wall Street Indignant

After one too many face-rippings by the merry Pranksters of Wall Street, China's state-owned companies have run to their government to complain about the fraudulent nature of their derivatives contracts. Chinese state firms reneging on fraudulent derivative contracts.

Chinese State-Owned Companies Object; Face-Rippings; Jesse's Café Américain; Wall Street Indignant.