consultants are sandburs

Thursday, July 06, 2017

Iceland on my mind.

Reykjavik Grapevine, here. What is interesting is after the global banking shock of Bushco's Sept. 2008 (earlier some places), Iceland allowed systemic failures - dominoes falling - and put some bankers and other shysters into jail and the volcanoes did not erupt in cosmic disapproval. The earth did not move. A lesson of a way the big O never contemplated. Iceland lacked a Geithner, one guesses.

UPDATE: Of equal interest, Bushco [Goldman Sachs/Treasury's Paulson too] allowed Lehman [commercial paper = Main Street small business] to be the one and only domino to fall; the others including AIG being propped up -- through Bushco + the big O in continuation, Geithner channeling Paulson, but who expected elsewise? If news to you, you are not alone; here and here. The news is the unexpectedly high and appalling level of audacity these pirates show.

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