Is it really so bad if an elite cabal of bankers meets once a month in midtown Manhattan to conspire about the rules governing derivatives trading?
Well gosh, what could possibly go wrong by letting financial institutions police themselves with no oversight playing Big Casino games with derivatives?
Oh right. The entire friggin multi-trillion dollar financial crisis and the current near-depression we're in as a result while the top executives at the banks that both participate in this cabal and took trillions in taxpayer money to stay afloat turn around and take home tens of million of taxpayer dollars as bonuses.
Why would any thinking American possibly object to that, Mr. Carney?
Entirely new fields of mathematics need to be discovered just to properly quantify how much of a complete douchebag John Carney is. "Infini-douche" doesn't begin to cover it. We're talking astounding new uses for adaptive quantum matrices taken to imaginary exponents or something here.
Perhaps Bachmathenomics must be involved.
It might not qualify as a field of math, but might I suggest something I thought of while reading about Lehman Bros.
ReplyDeleteQuantum Economics: You can't know the value of an asset until the market collaspes.