Yes. Then the government would bail out the banks. The executives that authorised those loans would have to leave (with a huge severance) while the politicians who facilitated that rescue would end up on some well-paid advisory board.
The taxpayers, of course, foot the bill. Get a dollar, lose two.
luciferofastora@feddit.org 1 week ago
Yes. Then the government would bail out the banks. The executives that authorised those loans would have to leave (with a huge severance) while the politicians who facilitated that rescue would end up on some well-paid advisory board.
The taxpayers, of course, foot the bill. Get a dollar, lose two.
krisevol@lemmus.org 1 week ago
This guy gets it
luciferofastora@feddit.org 1 week ago
Thanks for the setup ;-)