When the FEDs came looking
to prosecute those who knowingly profited from toxic transactions many escaped
on the basis that they were doing their jobs, making money for their
shareholders and boards of directors and did not have direct involvement with
toxic transactions. Some have gone to jail, some have had to repay what they
stole but all in all this hasn’t changed the attitude of greed and com-modify anything to make a buck, conscionable or not.
Check out this link nyti.ms/14RbU4I
to ‘Wall St. Exploits Ethanol Credits, Prices Spike’.
If this makes you cringe and want to run in the other direction, there are lots
of opportunities to invest in peer to peer and crowd sourcing ventures with good
returns, conscionable and maybe even fun.
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