I’m interested in others opinions about whether the think there is the basis for a class action lawsuit against major US banks and SIVs that created the current financial crises which has resulted in significant loses for Americans living abroad. The charge: Financial Terrorism and the de-stabilization of the US and Global financial markets. The damages: By forcing the Feds repeated cuts in interest rates, US citizens living on fixed incomes and US citizens abroad who are effected by exchange rates have suffered significant loses of income and a reduction in their standard of living.
Any opinions?