Coleman Church

And they kept it afloat.

And they had to be in good stead with the government or the fines and the regulation would just come and come and come.

But once you get bailed out, once you ask for the bailout, they own you.

And that's what happened.

Yeah.

And it was like the tobacco companies, right?

They kept the tobacco companies alive just long enough to keep bleeding them for fees.

Then they figured out there was money there to take and they just kept coming back and back.

Yeah.

Well, a lot of nice new regulatory buildings were built and...

I think also one of the great stories that hasn't really been, maybe this was for you, one of the great stories that should be investigated is where did the proceeds from all those post-GOC fines go?

Because I saw some stuff in around the time that was kind of staggering as to where it went.

Now, obviously, it went back into building more of the regulatory bodies, like more SEC regulatory, whatever.

But

I think some of the money flowed to some very specific political organizations.

Well, it actually reminds me of something for the part of the previous conversation, which is,

People say you never know when you're in a bubble until it's over, and that's entirely incorrect.

I've been through a bunch, and we all know.

Really?

Oh, yeah.