They were gambling on the riskiest of "investments", building worthless portfolios whose values just kept increasing; and lured by the awesome power of greed they forgot the most basic rules of the market: [1] Don't gamble with money you can't afford to lose, and [2] It ain't worth nothin' if you can't sell it.
So they put everything they had into building imaginary wealth, and when the wages of their sin came due, they handed the bill to you. It's a bill that can never be paid.
Instead of admitting that they had done wrong and going to the wall with some semblance of honor, they said to the governments of the world, "Without our cooperation, your society would turn to chaos overnight."
And the governments said, "What do you want?"
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