Always carry a large flagon of whiskey in case of snakebite,
and furthermore always carry a small snake.
-- W.C. Fields
and furthermore always carry a small snake.
-- W.C. Fields
Sunday, January 27, 2008
Saturday, January 26, 2008
How to Rob a Bank (or) How Banks Rob Us
What's the best way to rob a bank?
1. Embezzle millions
2. Raise interest rates so your customers will default on your loans.
3. Write off millions to match what was embezzled.
How many banks wrote off how many billions? Did that money just vanish into thin air, or did it ever exist? Follow the money. This is the biggest scandal of all time, and nobody sees it. Houdini couldn't have done any better.
1. Embezzle millions
2. Raise interest rates so your customers will default on your loans.
3. Write off millions to match what was embezzled.
How many banks wrote off how many billions? Did that money just vanish into thin air, or did it ever exist? Follow the money. This is the biggest scandal of all time, and nobody sees it. Houdini couldn't have done any better.
Subscribe to:
Posts (Atom)
