Warum gibt es etwas und nicht nichts? (Why is there something rather than nothing?) - Leibniz
Saturday, April 07, 2012
Patenting the debt bomb
It's only occurred to me today that Collateralized Debt Obligations might actually have been patented, and thanks to Google's patent search option here's one, by George H Butcher III, which he sold to Goldman Sachs. The application was filed in 2000, but the patent was finally granted in September 2007.
And here's one of the drawings:
I suppose they patent Ebola-derivative viruses, too.