When Barack Obama took office, it was almost embarrassing to watch so many otherwise intelligent people rejoice at the notion that he could do good and yet remain closely allied with the corrupt banks that had wrecked the economy. Most people know better now, but does Obama? More here.
Tag: Glass-Steagall Act
Banking on degenerate gamblers
What’s the difference between traders at investment banks who gamble on “securities” and degenerate blackjack players with a lot of money to lose?