Monday, September 29, 2008

what happens when they are too big to save?

The government keeps on saying these fraud and money laundering operations are too big to be allowed to fail, which may well be true ... but what happens when they are too big to save?

What seems to be happening is that massive 'too big to fail' gambling and racketeering operations are currently being swallowed up by even larger 'too big to fail' criminal organisations in an attempt to launder the proceeds of crime and keep the Fraud Squad at ebay, wasting time on small fry.

This means the problem is being concentrated to the point where the few remaining criminal organisations (Goldman, Barclays etc) will be simply too big to save. This is when Martial Law will be declared.

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