The changes through deregulation under “W”, some started under Reagan, turned the “financial markets”, especially at Goldman Sachs, and B of A, into a “legalized mafia”. That was the view expressed by my brother in law before he passed away, and he was noting the changes since he retired, as a Vice President at Bank of America. When a person ties on their own blindfold, and does whatever they are told, that’s not naivete.
garysr87 about 12 years ago
making money anyway they can
Simon_Jester about 12 years ago
Geez, I knew there was lag on this site, but SIX years for a post to show up is just insane
Motivemagus about 12 years ago
Got a point. Some people think Greg Smith was simply naive. I don’t think so — perhaps a little too trusting in the culture, though.
Dtroutma about 12 years ago
The changes through deregulation under “W”, some started under Reagan, turned the “financial markets”, especially at Goldman Sachs, and B of A, into a “legalized mafia”. That was the view expressed by my brother in law before he passed away, and he was noting the changes since he retired, as a Vice President at Bank of America. When a person ties on their own blindfold, and does whatever they are told, that’s not naivete.