I believe TBTF buys off regulators until it's too late. They set rules of the game that benefit themselves and continue to fuel growth at all cost. Absolute power corrupts absolutely. This is the nature of the wealthy and powerful. In government and business, the two of which are unfortunately one at the top now, people tend to define themselves and their occupations by their wealth and power to an unhealthy, sociopathic degree. No good comes of this for anyone else.
Big Banks: Still in Charge [View article]
This is the nature of the wealthy and powerful. In government and business, the two of which are unfortunately one at the top now, people tend to define themselves and their occupations by their wealth and power to an unhealthy, sociopathic degree. No good comes of this for anyone else.