Thursday, August 09, 2012
Nice compendium
UK Guardian has a clever article listing 25 major players in the 2008 Mafia takeover, asking 'Where are they now?'
24 of the players are individuals, ranging from Bush The Son to Greenspan to Brit hedge fund owners. The 25th is The American Public, who eagerly went along with the bubble as always.
None of the individuals are in jail where they all belong. A handful have disappeared from public life, but nearly all are loudly unrepentant, forming new companies to commit new crimes.
When gov't rewards you for criminal activity, you're going to commit more crimes. That's the lesson you've learned.
The only repentant player is The American Public. They have been eliminating debt and staying out of the stock casino.
= = = = =
Along the same lines: Here's an interesting 30-minute interview with Kirsten Grind, author of a book about the fall of Washington Mutual. What happened: In 2005 New York mafiosi took over WaMu, formerly a quiet and careful bank. The mafiosi transformed the bank into an engine of fraud and crime, and collapsed it so Jamie Dimon could buy it cheap. ¶ 2:38 AM
24 of the players are individuals, ranging from Bush The Son to Greenspan to Brit hedge fund owners. The 25th is The American Public, who eagerly went along with the bubble as always.
None of the individuals are in jail where they all belong. A handful have disappeared from public life, but nearly all are loudly unrepentant, forming new companies to commit new crimes.
When gov't rewards you for criminal activity, you're going to commit more crimes. That's the lesson you've learned.
The only repentant player is The American Public. They have been eliminating debt and staying out of the stock casino.
= = = = =
Along the same lines: Here's an interesting 30-minute interview with Kirsten Grind, author of a book about the fall of Washington Mutual. What happened: In 2005 New York mafiosi took over WaMu, formerly a quiet and careful bank. The mafiosi transformed the bank into an engine of fraud and crime, and collapsed it so Jamie Dimon could buy it cheap. ¶ 2:38 AM
