Howdy Jed,
Well phrased comments.
If fiction could only be as absurd as fact, the Dime Box Saloon could
establish franchises across the world. The only task would then become ..
how to serve an intoxicant as potent as dispensed bt Wall Street.
Richard
Jed wrote,
Can you imagine trying to steal $45 million by impersonating someone
who is in the next room?!? He should, at least, get the Nobel prize
for chutzpah.
I am a cynical person and always ready to believe the worst, but I
never imagined there were so many incompetent people and so many
crooks on Wall Street, or that the regulators were so lax.
Our economy, banks and investment institutions and so on appear to so
dysfunctional, you wonder how they ever managed to work in the first
place. Of course there has always been a measure of corruption. Wall
Street has always been a gambling casino in some ways. But these
institutions used to build wealth and reward innovation. Now they
seem to be destroying wealth to an extent not seen since 1929.
This sort of corruption always surfaces at the end of a financial bubble
era.
