[quote=DomoArigato]Once subject to capitalist risks, MF Global collapsed.
[/quote]
And that’s the key to all of this, “Once subject to capitalist risks…”.
The bankers have managed to privatize gains (profits) and socialize losses (stick the taxpayers with the cost of bailouts). So, in truth, there really isn’t (for them) a “capitalist risk” at all, is there? There is just a rigged game, played by those in Big Money and their paid for politicians (GOP and Dem).
Hey, didn’t Goldman Sachs handle the underwriting for the Greek bonds issue? I might be wrong, but I remember hearing that somewhere.
