SPOT ON JAN!!!! Thanks for including Ms. Born, an unsung hero. All those rat-fuckers saw this coming, and literally reamed-out all those you tried to stop them. It was not a Black Swan nor a Mintz Moment, it was a built in Minsky Moment, and all their destruction only strengthened their power. The Fed now gives the most shady Shadow Bankers access to the Discount Window. Just after Brooksley tried to blow the whistle, LTCM provided a practice run 2008 Crash. And afterwards, just like a crime in gang controlled neighborhood, "nobody saw nothing".