Washington and Wall Steet conspiracy

  The bailout of the banking system by our political leaders is a economic tragedy that is examined in the book called " In Bed with Wall Street", written by Larry Doyle. The consolidation and survival of the banking cartel oligopoly is retold in this book through several chapters of how a few banks now are responsible for most of the credit cards,mortgages, banking deposits, and controlling two thirds of the nations GDP. This was no accident that these banks created themselves to be so huge as being in breakable and backed up by the government as this book reveals throughout and is a great read in understanding how they helped create a new climate of corruption in America that wold rival any third world country. Doyle writes about how Wall Street was able to gain leverage and back their risks and gambling with an impotent and incompetent government that does little to prevent scamming of ordinary investors and people trusting their money to an industry based on greed and fraud.

   The fact that Washington and Wall Street have real little interest for accountability and transparency is seen by the failures and demise of regulator on to hold the world of finance accountable for their actions. The small financial firms suffered dieting out and making way for the giants to grow and be a more major player in the political arena. The regulators in charge of regulating all financial firms instead worked with the giants to slay the mid-size and small competing firms through a collaboration of destruction and focus. The shocking corruption of the SEC, FINRA, and other financial police is little understood by a public that just sees capital letters that mean little to a zombie population not aware of the inside fraud of levels of an important regulatory necessity. The egregious effects of this corruption has decimated consumer and citizen confidence in the institutions that are the backbone of society and the refusal of reform by these banks and financial managers is a disloyal act to the country. This is a great read on the insectuous relationships between regulators,Washington,and Wall Street and the evils of this axis of corruption need to be spread by more writings like this from author Larry Doyle.