Mr.GS is declared "trustworthy" by the Govt.
People deposit money with Mr.GS.
Mr.GS gives a part of that money to political patrons.
The Govt, in return, distorts policy to help Mr.GS get easy access to cheap money
Mr.GS puts that money in crap stocks
The crap stocks start shining.
General public starts chasing the shining crap.
The shining crap turns gold.
Mr.GS starts selling it
and bets heavily on the shining crap going bust (i.e. shorts it) !!!
(only they knew that crap was crap)
The crap finally goes busts.
Mr.GS has made a mountain of a killing!
Record profit when the world was going thru its worst crisis!
Mr.GS gives huge "shameless" bonuses to its "men"!
People who had bought crap go broke.
They go to Mr.GS who happily lends "back their own money" !
At an interest!!
And thus makesmore money!!!
Markets plummet further and Mr.GS buys good stocks at crap price.
Govt further gives bailout money to Mr.GS.
Mr.GS buys more 'good stock' at crap price with that bailout money.
Seeing Mr.GS buy, markets recover.
Several funds start buying again.
People start buying again.
Markets move up.
Govt gets the credit.
Mr.GS's 'good stock at crap price' starts rocketing to its real value!
Mr.GS starts looking for the real crap.
for next innings!
Who is this Mr.GS?
He is Mr.Goldy Singh!
A Man with dirty Socks.
Lives across the Atlantic!
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