Politicians can t stop such rent seeking behavior.

An opportunist uses the slack to feather his own nest rather than help the leader or the public.

But banks used all their political muscle to stop states from enacting laws to curtail predatory lending.

Western politicians and sections of the mainstream media in Europe continue to characterise the current tide of refugees seeking safe haven abroad as young, male and opportunistic.

While some of the excesses in risk taking have been curbed, predatory lending and unregulated trading in obscure over the counter derivatives continue.

The most famous case was that of Elliot Associates, a vulture fund, against Peru in 1995, ending up with full payment to Elliot by the Government of Peru.

Mortgage originators bore no consequences for their irresponsibility, and even those who engaged in predatory lending or created and marketed securities that were designed to lose did so in ways that insulated them from civil and criminal prosecution.

Other property is this A normal sailing boat has a centerboard here and a rudder at the back, and these two things are what creates most resistance and turbulence behind the boat, but because this doesn't have either a centerboard or a rudder, we hope that if we keep working on this hull design we can improve and have less resistance.

It was widely known that banks and mortgage companies were engaged in predatory lending practices, taking advantage of the least educated and most financially uninformed to make loans that maximized fees and imposed enormous risks on the borrowers.

Indeed, leaders in the middle frequently find themselves in a policy vacuum, with few clear directives from the top. A passive follower keeps his head down, shuns risk, and avoids criticism.