To the Point

There comes a time in every epoch when pragmatism simply evolves into extreme acquiescence and surrender to the forces of apathy and do-nothingness, a guarantor of the status quo in all of its easy, democratic criminality--its fortress of greed. You could line up all the pols in the U.S. in a straight row and examine them head to toe and not find a single man or woman capable of admitting, never mind ending, the corruption of their vocation--Buddy Dooley

Friday, September 30, 2016

Nomi Prins

Consider this. You’re a mob boss. You run a $1.8 trillion network of businesses across state lines and continents. Many of these are legit, but a select subset of them – not so much. Every so often the illegal components flare up; some Washington commission launches an investigation, someone blows a whistle, people lose their homes, a pack of investors sheds a ton of money and lawsuits fly. You get reprimanded and have to pay lawyers and accountants overtime to deal with the paperwork. You settle on fines with the government — $10 billion worth. Then you keep going with no one the wiser, no wings clipped, no hard time. After all of that — you say you’re sorry, forfeit some money you didn’t even make yet, and (maybe) resign with boatloads more of it.--NP

Interesting woman.  She lived in the belly of the beast at GS and elsewhere, saw the light and writes about it with authority.

It takes a village...of whistleblowers, turncoats and righteous folk.

I like.


TS

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