The Invisible Hand of the Market

The real issue with large entities is to keep them, you know, effectively regulated so that they remain stable when they serve public purpose. I don't want to be a conspiracy theorist here and rail against the Federal Reserve. But there's something truly absurd about what happened to the American economy when we had Financial Services Modernization Act. The whole thing was to allow Citibank, right, and travels insurance to emerge. And then Robert Rubin, a good liberal Democrat, goes to work for these guys once they're made legal. Come on, you know,. this has been, what do you call it, the public squalor private opulence and public Squalor?