Archive for December 19, 2011

Last night we watched the 2010 movie Inside Job which was not about some small bank robbery, but an analysis the financial crisis of 2008. 

To listen to the mumbling of distinguished economics professors such as ******** ********* as they tried to explain their actions, and explain reports they wrote such as ‘Financial Stability in Iceland’ would be amusing in other circumstances. [I have removed the name to avoid any legal ramifications.]

What was really depressing was that the some of the very people who lead us down the deregulated garden path to financial meltdown, and presumably walked away with their personal fortunes intact, are back advising President Obama. 

Only a few hours before I had been reading Sweet Money by Ernesto Mallo, published in Argentina in 2007 as Delincuente argentino and come across this passage proving that crime fiction can usually be found ahead of the game. 

Banks used to look like prisons; now they look like a cross between a boutique and a brothel. The walls are covered with posters showing young men and women, smiling and prosperous, offering package deals with bombastic names, that include bank accounts, credit cards, loans for the life you deserve.

Everything carefully designed to neatly package and tie up the customer. The deviousness here is so obvious that even the guy who designed the poster should be put in jail.