I just finished reading your letter. Very interesting stuff, William. Thanks for sharing. It makes me glad to know I have upstanding people such as yourself on my website.

There is no doubt that Wall Street and the “Too Big To Fail” banks have fleeced, robbed, and lied to their customers and citizens of the world for decades. The U.S. government and other governments have allowed these financial institutions to commit heinous crimes numerous times without making them face justice. Instead, they charge them a nominal fine and then it’s business as usual. No doubt, they are committing massive financial frauds right now that will be exposed during the next financial collapse. Even so, these banks are now bigger and more bloated than ever before.

I personally suffered a great financial loss during the 2008-2009 meltdown when Citibank collapsed under its own lies and corruption. I currently am a part of the Citigroup Fair Fund (http://www.citigroupfairfund.com/) lawsuit. Ironically, the SEC filed the complaint. I am not expecting to receive anything of consequence if there is eventually a settlement. That would be too much to expect from the SEC and the corrupt banking institutions running the world.

I originally created Market Sanity after I became so disillusioned with the lies and corruption that I felt it was my duty to do something to educate others and expose the lies. So you and I are very similar in that regard.