More on Lehman Brothers Dies While Getting Away with Murder: Introducing Regulatory Capture

It is good to see independent media picking up on the regulatory capture theme. After all...
(from the 2007 post Banks,
Brokers,
& Bullsh1+ part 1):

A
thorough forensic analysis of Goldman Sachs, Bear Stearns, Citigroup,
Morgan Stanley, and Lehman Brothers has uncovered...

More on Lehman Brothers Dies While Getting Away with Murder:
Introducing Regulatory Capture:

Another Economic Collapse Coming? w/ Private Investor Reggie Middleton

Please excuse the sound. I was coming off of a very bad cold, which
caused me to lose my voice very early on in the interview. 

1. ZeroHedge

   Asks the Tough Questions of BofA and Repo 105s, Inquiring Minds Want to
   Know

1. When

   the Patina Fades... The Rise and Fall of Goldman Sachs???

2. Is

   the Threat to the Banks Over? Implied Volatility Says So

3. 10

   Ways to say "No, the Banks Have Not Paid Back Their Bailout from the
   Taxpayer!"

4. To

   Bonus, or Not to Bonus? That is the Question

5. Reggie

   Middleton on JP Morgan's "Blowout" Q4-09 Results

6. The

   Morgan Stanley Q1 Outlook

7. Doesn't

   Morgan Stanley Read My Blog?

8. The

   Fed Believes Secrecy is in Our Best Interests. Here are Some of the
   Secrets

9. Why

   Doesn't the Media Take a Truly Independent, Unbiased Look at the Big
   Banks in the US?

10. As

    the markets climb on top of one big, incestuous pool of concentrated
    risk...

11. Any

    objective review shows that the big banks are simply too big for the
    safety of this country

12. The

    ARE trying to kick the bad mortgages down the road, here's proof!

13. Why

    hasn't anybody questioned those rosy stress test results now that the
    facts have played out?

14. If

    a Bubble Bubble Bursts Off Balance Sheet, Will Anyone Be There to Hear
    It?

15. If

    a Bubble Bubble Bursts Off Balance Sheet, Will Anyone Be There to Hear
    It?: Pt 2 - JP Morgan

16. If

    a Bubble Bubble Bursts Off Balance Sheet, Will Anyone Be There to Hear
    It?: Pt 3 - BAC (the bank

17. If

    a Bubble Bubble Bursts Off Balance Sheet, Will Anyone Be There to Hear
    It? Pt 4 - Wells Fargo

18. If

    a Bubble Bubble Bursts Off Balance Sheet, Will Anyone Be There to Hear
    It? Pt 5 - PNC Bank

19. The

    Next Step in the Bank Implosion Cycle???

20. A Must Read: An Independent Look into JP
    Morgan. This contains
    the
    "public preview" document (JPM Public Excerpt of Forensic
    Analysis Subscription 2009-09-18 00:56:22 488.64

    Kb

    ), which is free to download.

21. JPM Report (Subscription-only)
    Final - Professional

22. JPM Forensic Report
    (Subscription-only) Final- Retail

Comments

[Missing_Link]

Wow.  The first pic was really unnecessary.

[Selah]

It's nice to put a voice to the writing...

Which island are you from mon?

You really need to get yourself on CNBC!

Of course, that will never be allowed.

[trillionaire]

I agree, it is nice to put names with faces with voices etc.  Zerohedge contributors are like our movie stars.  I'm just afraid to find out what robottrader really looks like, I've gotten used to the avatar.

[Menelaus]

As G. Edward Griffin wrote a decade ago in chapter one of "The Creature from Jekyll Island" regarding the Federal Reserve, "The Name of the Game is Bailout".

Shampoo, rinse, repeat.

[DOT]

And the truth will...  

Good work Reggie.

[wyosteven]

Regulatory capture?  You mean Shit-For-Diamonds Geithner isn't working in the best interest of the nation?  

See, Diamond-Tim accepts a pile of shit, calls it a diamond, taxpayer takes the loss and somewhere a shit-eater gets a bonus.

What is to regulate?  Sounds like price "discovery" to me.

[Commander Cody]

Picture takes me back to this memorable quote from the book Semi-Tough:

"I feel like a turd what dropped out of a tall cow's ass."  Billy Clyde Puckett

[Mercury]

Everyone should see/listen to this very consise assesment of how mega-bank financial risk has mostly just been aggregated under the skirts of the federal government and not unwound.  No politics, no Obama, no freaking out just a plain-spoken A,B,C description of where we are and how we got there. 

If Reggie would be willing I'd like to see a slightly shorter interview, hopefully in person, that might get wider attention. 

Is there a legit case against his domino 'n blow forecast? Is it possible we stagger along for a decade with zombie banks like Japan did or is that not a possibility in this day/age/country?

[Cognitive Dissonance]

Reggie,

You have certainly made a wonderful effort to document this portion of the Grand Ponzi. Thank you.

[CookieMonster]

Awesome interview! Maybe other media outlets will pick up your articles. The more exposure the better. There are a lot more cockroaches to shine a light on.....

[MarketFox]

RM,

You keep nailing it. Good work and insight indeed.

So the question becomes, "what's next?".

"What's next?", is going to be more of the same, with a huge increase in public taxes by way of VAT and energy taxes.

What this spells out is simply the fact that all prices of all goods and services will have to account for a higher and higher portion of its price to be the tax composition.

What seems to be obvious is the following.

In ten years , which economy would be much larger ?

1) An economy whereby the percentage of all prices is a 15% government imposition.

2) Or an economy that has a 50% tax imposition on all prices ?

Would the total tax take be higher on the 15% or 50% imposition ?

The bottom line is the tax take would be much higher with the 15% tax take economy.

So the question is this;

Why is the US Govt. imposing the 50% plus tax  imposition ?