banks issued equity and preferred equity to the tune of many many tens of billions during the crisis. revisionist class warfare stuff i strange (as a first han

banks issued equity and preferred equity to the tune of many many tens of billions during the crisis. revisionist class warfare stuff i strange (as a first hand participant): the bailout of wall street banks was critical for the economic well-being of EVERYBODY not just "the rich", and it's the main reason obama and democrats (who wanted it as opposed to the republicans who didn't) swept the elections.