We can't be reminded of this simple fact too often:
The Top Tier, too-big-to-fail banks in the US are criminal enterprises: JP Morgan, Bank of America, Wells Fargo, Goldman Sachs, Citigroup and Morgan Stanley.
Astonishingly, not only are these institutions run on a criminal basis, they are actively protected by the federal government including the White House and Congress.
That's where we're at without any sugar coating. If you think this kind of thing can end well...
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