A Drop of Rain

You have to watch these two videos, the more I hear, the more I realize that this has always been simple, and has always been a fraud.

Also make sure to watch the recent Bill Moyers interview with William K. Black, another eye-opener, as if we aren’t getting the point by now.

For months now, revelations of the wholesale greed and blatant transgressions of Wall Street have reminded us that “The Best Way to Rob a Bank Is to Own One.” In fact, the man you’re about to meet wrote a book with just that title. It was based upon his experience as a tough regulator during one of the darkest chapters in our financial history: the savings and loan scandal in the late 1980s.

Here’s Part 1 of the talk by Salbuchi – Global Financial Collapse. He’s an analyst from Argentina, a country that has seen its share of full economic collapses.

And here’s Part 2 of the talk

This entry was posted on Friday, April 10th, 2009 at 22:27 and is filed under Currents of the Pit. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.