The land that Yahoos lived in their humdrum way extended from the range of mountains to the seas and they never thought they would live to see any one who enjoyed life as they. But one night a wave of brigands came and occupied vast spaces. When morning came they were right in their midst. The Yahoos wanted to know what was the idea. One Red coated brigand said, ‘The air is free; so is the rolling sky. ’
‘Meaning?’ The Yahoos had some difficulty in understanding them.
The Red-coated brigand standing on their toes said their mission was to make them civilized as they.
‘But we haven’t seen it yet.’ The brigands laughed so much at their simplicity, ‘You must pledge your loyalty to the Big Man Across the Sea.’
The Yahoos for all their plainspeaking was fair in giving it a try. Thus Red Swallow Tail, the chief of the Brigands made them take their oath. Directly they learned all the tricks and they formed armies and they went on raiding parties. What a haul they brought! It was a flood of silver ingots and gold by pack mules! The brigands knew where to keep them. They dumped them in a fleet of ships that sailed away.
It so happened later the Yahoos needed money for building cities and harbors. The brigands in their fine red coats hemmed and hawed. At last it dawned on the Yahoos they were almost bled white by the Red coats and the BMAS across the sea.
Yahoos with infinite cunning and patience knew how to pay them back in their own coin. They formed their own militia and threw them back into the sea.
One Yahoo who showed most skill in the war was chosen to lead them.
The Headman chose his Council and first they thought was to make their land fit for them. ‘How shall we know the citizens are behind us? Of their loyalty?’some asked. The Head man answered, ‘Make each citizen put part of his wealth with us.’ Thus the Yahoos founded the National Bank where every citizen put his savings.
They knew the money would grow in time. They counted money and dreamed in gold and the promise from the Bank CEO was, ‘When you feel the pinch, bring a wheel barrow along to carry interest.’
The Headman and his cohorts having money immediately sent it out of their country, just as the Red coated brigands had done. They put all the wealth to work they told the citizenry.
They also create an elaborate labyrinth of checks and balances. How many departments and fancy titles thus were created! They hired some clever accountants of BMAS for fat fees to make the system foolproof.
But in a decade the Yahoos found their wealth had disappeared! Naturally.
Cluster Principle in wealth Management explains where conflict of interest occur in individuals their risks of being exposed of fraud or criminal negligence shall be scattered through various clusters set in place precisely to prevent it.
Inversion principle goes hand in hand with cluster principle.
Here is a piece of news that explains the Job partly.
WASHINGTON – Freddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae, three years before the government took control to prevent their collapse.
In the midst of DCI’s yearlong effort, Hagel and 25 other Republican senators pleaded unsuccessfully with Senate Majority Leader Bill Frist, R-Tenn., to allow a vote.
“If effective regulatory reform legislation … is not enacted this year, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system and the economy as a whole,” the senators wrote in a letter that proved prescient.
Unknown to the senators, DCI was undermining support for the bill in a campaign targeting 17 Republican senators in 13 states, according to documents obtained by The Associated Press. The states and the senators targeted changed over time, but always stayed on the Republican side…”
(Pete Yost-Associated Press 20 Oct, 2008)