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View Diary: Friday's Kaufman Hearing Transcript: The Must-Read Mother Of All Corporate Kleptocracy Posts (65 comments)

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  •  Wow, that final stmt made it worth reading thru (1+ / 0-)
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    greenearth
    JOHNSON: He said to me, "Simon, let's face it. On -- on the too big to fail debate, you lost. And now our question is, and what we're working on in the hedge fund is, how do we become too big to fail?"

    That's the lesson for the markets, the business school students have learned, and the go forward take-away...
    how do we become too big to fail?
    This is what the so-called Greatest Generation sacrificed so many lives and livelihoods and dreams for. This will be the last hurrah for the Silent Majority, passively watching the nation's assets get flushed away with every opportunity left languishing until the hobbled footing Boomers' leave their grand children is merely the freedom to live, downwardly mobile. Welcome to the New World Order run by less than a thousand rats around the globe.    

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