Wednesday 30 May 2012

Michael Aston on Flickr
Barry Ritholtz on Causes of the Financial Crisis
Big government and big corporations work hand-in-hand. If you want to know who is the puppet and who is the puppet master, it sure looks like Wall Street has been pulling the strings of Congress for many, many, many years. I remember the Dick Durbin quote,  right in the middle of the crisis. He was astonished at all the bankers and bank lobbyists running around the halls of Congress, and said, “I can’t believe these guys – they act as if they own the place.” The fact is, it’s not an act – they do own the place....


                                   ....................... Barry Ritholtz

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