W/Bankers

[tierk]

This probably one of the best articles i have read in a long while, relating to the massive fraud that has been instigated against tax payers and just about everyone else.

Now we know the truth. The financial meltdown wasn't a mistake ? it was a con | Will Hutton | Business | The Observer

I hope they close every last one of these investment banks and lockup every last one of the bankers involved in what in my eyes has been one of the biggest thefts of all time, instigated by bankers and facilitate by politicians the world over.

 

[ECA]

Havn't/Won't read the article.

But duh.

Politicians were basically blackmailed into "bail out our insanity or the entire economy goes tits".

 

[tierk]

Havn't/Won't read the article.

But duh.

Politicians were basically blackmailed into "bail out our insanity or the entire economy goes tits".

The article doesn't talk much about the politicians role but rather gives further details about how banks created all the various schemes and how they were pitched and also who they sold them to. Shows a lot of the double and triple dealing that went on to create what was in effect a massive scam on their own clients as well as the general public.

 

[Shagrat]

hooray for capitalism..........

maybe Mao/Marx were right after all....

 

[Zede]

good article

Damien Thorn is a banker alrite.