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	<title>David&#039;s Macro Blog &#187; Credit Default Swaps</title>
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		<title>C-SPAN Interview of Michael Lewis on The Big Short</title>
		<link>http://www.davidoverfield.com/998/c-span-interview-of-michael-lewis-on-the-big-short/</link>
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		<pubDate>Fri, 10 Jun 2011 22:42:12 +0000</pubDate>
		<dc:creator>David Overfield</dc:creator>
				<category><![CDATA[Business and Finance]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[Ben Bernanke]]></category>
		<category><![CDATA[Credit Default Swaps]]></category>
		<category><![CDATA[financial collapse 2008]]></category>
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		<category><![CDATA[real estate bubble]]></category>
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		<category><![CDATA[sub prime loans]]></category>
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		<description><![CDATA[When did Wall Street become the dumb money? Why did traders who lost on their bets still earn millions (sometimes tens of millions) in income? Author Micheal Lewis (Liars Poker, Moneyball, The Blind Side) explains the answers to both of these questions in his best-selling book, The Big Short. He writes so that even his [...]]]></description>
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		<title>Goldman Sachs Humor &#8211; A Few Good Bankers Doing God&#8217;s Work</title>
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		<pubDate>Fri, 30 Apr 2010 00:45:33 +0000</pubDate>
		<dc:creator>David Overfield</dc:creator>
				<category><![CDATA[Business and Finance]]></category>
		<category><![CDATA[Fun]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[Credit Default Swaps]]></category>
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		<description><![CDATA[Humor only works when there is truth embedded within it.  This works because while it is humorous, the truth is evident. &#8220;You want the truth? You can&#8217;t handle the truth. Son, we live in a country with an investment gap. And that gap needs to be filled by men with money. Who&#8217;s gonna do it? [...]]]></description>
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		<title>Did the financial world collapse in 2008 because of risk free bets?</title>
		<link>http://www.davidoverfield.com/21/did-the-financial-world-collapse-in-2008-because-of-risk-free-bets/</link>
		<comments>http://www.davidoverfield.com/21/did-the-financial-world-collapse-in-2008-because-of-risk-free-bets/#comments</comments>
		<pubDate>Fri, 03 Jul 2009 23:07:44 +0000</pubDate>
		<dc:creator>David Overfield</dc:creator>
				<category><![CDATA[Business and Finance]]></category>
		<category><![CDATA[Credit Default Swaps]]></category>
		<category><![CDATA[derivatives]]></category>
		<category><![CDATA[financial collapse 2008]]></category>
		<category><![CDATA[Khan Academy]]></category>
		<category><![CDATA[trading]]></category>
		<category><![CDATA[Wall Street]]></category>
		<category><![CDATA[Warren Buffett]]></category>

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		<description><![CDATA[Warren Buffett calls derivatives “financial weapons of mass destruction.”  Do you believe him? Derivatives are financial instruments whose prices are derived from underlying assets.  One example would be a futures contract between a farmer and a food processor.  In this case the underlying asset is the grain harvested by the farmer and the derivative is [...]]]></description>
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