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But then they have no business being run for the profit of their management.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Wed Oct 1st, 2008 at 03:09:54 AM EST
[ Parent ]
That's why there used to be Regulations and Controls on banks so we wouldn't get into this mess, again (as in 1888, 189something, 1905, and 1929.)
by ATinNM on Wed Oct 1st, 2008 at 03:28:52 AM EST
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