Learning Lessons, or Not!

In the early 70’s as a youngster I was the Head Bookkeeper of an S&L. Now, if anyone had asked me in the late 70’s and early 80’s about the proposed deregulating of the S&L’s I would have thought they were out of their mind. And it seems that I was right. But what did I know? I was merely someone who worked with the folks in charge and knew them to be mediocre, incompetent, and greedy at best.

Okay, so I was wrong, they were worse than mediocre, incompetent, and greedy. It turns out they were outright criminal.

Sound familiar?