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The biggest banks flushed with cash.


Gwizz

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Why did the 3 biggest banks have the money to buy out the smaller banks that are in trouble.

I have no inside answer.  Just a thought. 

What if we controlled a very large bank and controlled many politicians and the main stream media.

I might want to get my politicians to de-regulate the banks. 

Then I would send out my goon squads (Acorn) to pressure the banks into writing loans for risky clients.

Then have government sponsored Fannie and Freddie say the loans were guaranteed when they were not. I could re-enforce this statement by having Freddie and Fannie buy some of these risky notes. 

To cover the costs of these risky notes, hire crooks to cook the books and allow them to inflate their commissions.  These crooks need to have big commissions, We wouldn't want them to become whistle blowers now would we.  If they are caught, everyone will believe they are just crooks.  Then when the debacle falls apart, we knew it would, even though we had to de bunk charges of problems until the time was right, we would use the government to help take over the smaller banks and then buy them for pennies on the dollars.  None of our money would be risked.  We would be using only tax dollars.

No one can connect us to this, since we used our goons for all of the dirty work.

We then can become even richer than rich.

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