1/What is abundantly clear after two hundred plus years of alternating #American financial market expansion and catastrophic market collapse is that there is no limit to the creative ways some unscrupulous financial institutions will find to circumvent regulations, defraud...
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2/...their customers and, by cascading transactions, jeopardize the entire system. Guys like
#GaryCohn are at the epicenter of the problem., continually testing the system, seeking weak points, and congratulating themselves when they find an exploit that will make them rich... -
3/...and cause losses for everyone else. Apparently, there is no end to the venality & greed at the pointy business end of
#American financial markets. The only way it could ever be controlled would be by#Constitutional change or permanent one-party rule. Neither of those... -
4/...things is likely to happen, but a huge landslide in the upcoming elections might give us a toehold to start climbing back to sanity.
End of conversation
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Perhaps it would have been helpful for Gary if some of the bank executives had been sent to prison.
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This is the problem with wall street corporate swine. They have no idea what laws were even broken because they don't know the law. P.S They made a movie about it..its good..
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