12-11-2008, 11:31 AM
I wonder if one reason Paulson doesn't want openness is that he is bailing out a number of non US banks and that this would cause widespread unrest if discovered (there may of course be a small number of convergent reasons for keeping this all secret)?
I find it more than interesting that three of the top UK banks that declined to participate in the UK government's equity-stake rescue plan were Barclays, HSBC and Standard & Chartered.
Having the government as an equity partner would, I imagine, mean that the UK government would have legal right of access to inspect the records of any bank that participated in the government rescue package.
Wouldn't that be cosy...
I find it more than interesting that three of the top UK banks that declined to participate in the UK government's equity-stake rescue plan were Barclays, HSBC and Standard & Chartered.
Having the government as an equity partner would, I imagine, mean that the UK government would have legal right of access to inspect the records of any bank that participated in the government rescue package.
Wouldn't that be cosy...
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14