4 ms·
This a good analysis. It sums everything up without the bullshit. The only thing I would correct in your "Financial Corruption Process Map" is the step after #
by Bye_Felicia 8y ago
This a good analysis. It sums everything up without the bullshit.
The only thing I would correct in your "Financial Corruption Process Map" is the step after #3:
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3.5 "big fish" start buying up politicians and lobbying firms to legalize more and more "bad behavior"
4. Megabank acts legally to do something "reprehensible" since they lobbied to legalize it.
4.5 financial collapse. scandal...then the hand wringing begins by walking corpses in Washington.
- djschnei 8y agoI would agree with these additions. This is basically the crony capitalism playbook.