"Ballet among the Carcasses" There are many who see the large banks (Goldman Sachs, JP Morgan Chase) and quasi-government agencies (FDIC, OTS, Federal Reserve Bank of New York) as an operating cartel within our country. There has always been a wary eye towards the relationship between these institutions and their secrecy but the events of 2008 shed light on not only the nepotistic course that creates a network of insiders (creating obvious conflicts of interest), the light revealed favoritism and what some would say was outright collusion between the organizations to ensure that selected bankers remained in business. That introductory...
