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Ok, let's take it to a bigger scale. Airline industries declare bankruptcies and gets bailed out time and time again, to tunes of billions. Homebuilders trans
by startuprules 17y ago
Ok, let's take it to a bigger scale. Airline industries declare bankruptcies and gets bailed out time and time again, to tunes of billions. Homebuilders transfer assets to new entities, then declare bankruptcies, pocketing billions and evades creditors. Banks leverage themselves with trillions of debt, and gets bailed out by the government.
Meanwhile, regular people have to pay for the billions and trillions of mistakes, with loss of social benefits, or taxes, or inflation. When does it stop?
And you would prosecute the politican who enacts a law to incriminate, and prevent future bankruptcies (by saying NO MORE!)?