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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 12:30 am to
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8096 posts
Posted on 5/16/17 at 12:30 am to
quote:

The bailouts could have been handled differently than they were. I'm typically very fiscally conservative and want very little government regulation where I put my money, BUT I'm all for the government watching over these guy's shoulders. Too much was risked with the old ways of doing things.


This bears repeating.

To explain it further for TFIS, the federal state is already heavily intertwined with the financial services industry as is.
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