I see this situation kind of how I do evictions /foreclosures. Whenever I see the entire contents of someones house set out on the sidewalk I used to always think how they let it get to that point. As I got older I realized that folks are in situations where the only plan B is to salvage the valuables and leave the rest as collateral damage. A lot of folks choose to go down with the ship.
Either through a sense of entitlement or being paralyzed by fear. I remember helping my homeboy pick up the pieces and on the very last day before they were coming he hadn't packed a single box. At first I was mad at him. And then as we got to talking I realized he thought there was going to be some sort of divine intervention...
Now imagine someone sitting on top of the world, above the law, able to buy politicians. I bet Ken has had several conversations asking the powers that be "how much is this going to cost to make this disappear? " "how can I walk away with my assets still?" Someone told him "naw, nikka. They caught you! We'll pay your bill but you have to let us hold your assets until you pay us back"
We kept telling the world that this is unprecedented. So big They can't sweep it under the rug. I'm sure they're allowing him to do whatever he can to not go bankrupt, but the jig is up. It's a perfect storm where the only way out is to go through it.
It's in black and white. I'm still waiting on something to pass where they try to cap prices. Surprisingly nothing has been passed to put a firewall on our end. But I bet what I have invested that they've discussed it at length. We are like the 5%, the poor righteous teachers in this equation.
