"The Clinton, Bush and Obama administrations all could have prevented the financial meltdown...We have created the incentive structures that are going to produce a much larger disaster.”
William K. Black
The big thieves hang the little ones.
"You have accepted things you would not have accepted five years ago, a year ago, things that your father, even in Germany, could not have imagined. Suddenly it all comes to be, all at once. You see what you are, what you have done, or more accurately what you haven’t done. For that was all that was required of most of us: that we do nothing. You remember everything now, and your heart breaks. Too late. You are compromised beyond repair."
Milton Mayer, They Thought They Were Free
"The Clinton, Bush and Obama administrations all could have prevented the financial meltdown...We have created the incentive structures that are going to produce a much larger disaster.”
William K. Black