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From the article, the only thing I noted from it was that the mafia was late to the game. These predatory lending practices is what led to the financial crisis
by technoslut 15y ago
From the article, the only thing I noted from it was that the mafia was late to the game. These predatory lending practices is what led to the financial crisis and that companies, corporations and governments were more efficient at being gangsters.
- sunchild 15y agoThis is such an important point: there is no difference between "too big to fail" and "an offer you can't refuse". It's protection racketeering in a five thousand dollar suit. "Nice economy you have here. It would be a shame if anything happened to it."