We did. We put in many worthless regulations that really didn’t solve the problem.
I’m a connective republican. Socially more liberal but fiscally conservative.
The executives of the banks that needed bailouts should have been jailed as they took risk they shouldn’t have taken. All the banks do it because there are no consequences when they fail. Zero.
They need to punished for mishandling assets so poorly.
So your idea is just pray for some rich people to buy the assets and not let the bank’s customers without all their money?
What if this pray for the rich saviors is not answered? Any plan b? Maybe make this buying a law?
Customers wouldn’t be without money. It’s insured.
Instead we used tax payer money to prop them up and didn’t solve the problem.
You have to let things fail.
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We did. We put in many worthless regulations that really didn’t solve the problem.
I’m a connective republican. Socially more liberal but fiscally conservative.
The executives of the banks that needed bailouts should have been jailed as they took risk they shouldn’t have taken. All the banks do it because there are no consequences when they fail. Zero.
They need to punished for mishandling assets so poorly.