Quote:
Originally Posted by casstony
There are some who know exactly how the financial systems work; unfortunately most of them are white the collar criminals (literally, although not convicted yet) responsible for the magnitude of the current crisis. It's in their interests for us Plebs to find economics 'bewildering' so that we won't know who to blame.
Back in the Savings & Loans crisis hundreds of US bankers were convicted and jailed; the current crisis is far worse with plenty of evidence of fraud, yet we're not seeing truck loads of bankers heading to jail.
Politicians and bankers in all developed countries are guilty of immoral conduct and in the large economies that's mixed with criminal conduct.
|
Funny you say that. I remember reading an article years ago about a researcher who did some profiling on a sample of successful corporate guys and a small population of inmates. They could almost join the dots. Like minded.
