I decided to put this page up because until very recently I was, frankly, completely in the dark about a particular financial instrument - the Credit Default Swap - sold to guarantee high-risk mortgages. I was unaware of their potential for being the greatest threat to the economic stability of our nation as well the international community. Until very recently, there appears to be a conspicuous absense of commentary or disclosure both by the financial industry and the government - even in the wake following the collapse of companies such as Bear Stearns, Lehman Bros., AIG, Washington Mutual and an as-yet-unknown host of others.

For more on Credit Default Swaps, Google , or check the following websites. Along with the Buffet quote from Wikipedia, I have included one conservative and one liberal listing - this issue spans socioeconomic and sociopolitical lines. I've not entirely reviewed their accuracy, however there appears to be a lot of good information on them.