General Discussion
In reply to the discussion: WTF? Report Suggests NSA Engaged In Financial Manipulation, Changing Money In Bank Accounts: [View all]BelgianMadCow
(5,379 posts)to be honest. I also don't see how it follows from what we were discussing, unless with a very big leap.
But to adress the possibility: couldn't the crash have been deliberate? Given the testimony of Lloyd Blankfein and Fabulous Fab, we know that Goldman Sachs bet against the housing market whilst selling rebundled mortgages to their clients, and the decision to let Lehman fail was an backroom deal with Goldman Sachs and Goldman Sachs alumni. So that's entirely within the realm of possibility. It suffises to check out the banking chart to see that 2008 wasn't a disaster for all, to put it mildly.
For the goal to have been to avoid prosecution, that's a very weird way to achieve that. And given the total lack of prosecution of previous presidents, it was unlikely from the outset. Neither had Obama campaigned on it. If anything, the goal could have been to set the enormous wealth transfer called bail-out + austerity in motion. Again, not impossible, if you've read the Shock Doctrine.