Regulators Are What Got Us Here

When the government bailed out a i g in september of two thousand and eight, the number two creditor was goldman sacks tha. They were owed 14 billion dollars by a iG in society general. But they kept their ses anyway, because the government, you and i paid for that money to go through a i g to society general and to a and tointo a goldman saxs forn. Nothing has changed. People keep telling me about reg ndand as i told you last conversation, regulation is largely what got us here. And my fear is hi pranslation. Because all these people think that we understand policy aer mokery policy.