- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Would We Have Been Better Off If The Gov't Let The Banks Bottom Out, Not Bailing Em Out?
Posted on 5/16/17 at 7:41 am to TigerFanInSouthland
Posted on 5/16/17 at 7:41 am to TigerFanInSouthland
The govt MADE MONEY on the bank bailout. Each bank that they lended money to paid it back on time in full. I typically wouldn't agree with measures like this but it made perfect sense and saved our economy.
Posted on 5/16/17 at 10:17 am to TigerFanInSouthland
quote:
Seems to me that a lot of tax paying dollars went into bailing out the banks
Bailout isn't really correct, they were more like loans. The government recouped every dollar and made roughly $15billion in profit. There was collateral in the form of equity in the companies receiving money. Once the payments were made and the stock was sold it worked out well.
Posted on 5/16/17 at 10:37 am to TigerFanInSouthland
Same with Auto Industry, would have allowed them to write new contracts instead of folks sitting at Union halls still getting paid!
Posted on 5/16/17 at 10:38 am to TigerFanInSouthland
the banking industry is the biggest shite show we have going, but I don't think you can really point out any industry that hasn't gone the shitter as a result of deregulation
Popular
Back to top
Follow TigerDroppings for LSU Football News