Re: "Our failure was not for lack of trying"
No, no.no.no.and: NO!!
Mark my Words: Ruining the narrative with unwanted data will cause "Growth" to collapse!!!
Business today is all about Flow of Capital. I belive that the unstated business model here always was to flare off $1.75bn dollars (or more if they had got it) as fast as practical with management extracting a few % of the flow in fees, maybe with a sideline in shorting the corporate bonds as an extra incentive.
The "world beating, innovative and revolutionary" Product and Services allegedly offered up by these scams are just the minimalist Stalinist set-piece, wood-and-fabric, scenery required to create The Flow
They can't - yet - just give obscene amounts of money away to their friends (well, the UK Goverment can and does, but, they are somewhat of an exception in the 1'st world).
Ruder and Cruder, but perhaps in their own ways more honest people, used to call these forms of business dealings "Smash and grab", "Busting out the joint", et. cetera.