CULTURE OF CORRUPTION: Report: Fed directors benefited from bailouts. “Multiple directors or former directors of the Federal Reserve banks who played a key role in the 2008 bailouts had an apparent conflict of interest, according to a Government Accountability Office (GAO) report. These directors had business relationships with companies and banks that received large infusions of government money.”

Of course, when you’re bailing out most everyone in the business, most everyone in the business will have a bailout-related conflict.