Quote:
Originally Posted by barbara
Those private businesses lost their INVESTORS money. You know.... Banks and lending institutions.....
Didn't the gov have to bail out a few banks a while back?
|
Banks and government have had a special relationship. Arguably, if they weren't so intertwined, those banks ought to have fended for themselves. I can't find a justifiable reason why government ought support one entity just because it happens to be large and was poorly managed. Meaning that, if government and banks weren't proverbially joined at the hip, they ought to have perished or went through normal backruptcy.