The changes through deregulation under “W”, some started under Reagan, turned the “financial markets”, especially at Goldman Sachs, and B of A, into a “legalized mafia”. That was the view expressed by my brother in law before he passed away, and he was noting the changes since he retired, as a Vice President at Bank of America. When a person ties on their own blindfold, and does whatever they are told, that’s not naivete.
The changes through deregulation under “W”, some started under Reagan, turned the “financial markets”, especially at Goldman Sachs, and B of A, into a “legalized mafia”. That was the view expressed by my brother in law before he passed away, and he was noting the changes since he retired, as a Vice President at Bank of America. When a person ties on their own blindfold, and does whatever they are told, that’s not naivete.