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> bank bailouts with taxpayer money You do know the banks payed back the bailout money with interest and added fines right? Overall it was a net positive for t
by sedtrader 9y ago
> bank bailouts with taxpayer money
You do know the banks payed back the bailout money with interest and added fines right? Overall it was a net positive for tax payers. Not sure how that's a fraud... Your other examples are suspect as well...
- rdm70 9y agohttp://www.nj.com/news/index.ssf/2010/08/sec_finds_nj_acting_negligentl.html http://www.nj.com/news/index.ssf/2010/08/sec_finds_nj_acting...
- dmichulke 9y agoJust because they were able to sell it this time doesn't mean it was a good decision. If in Russian roulette you have a chance of 1 in 6 to win 1 million and 5 in 6 to die, winning the million doesn't mean you made a good decision. What happens if they cannot sell it? They lose lots of money, equivalent to food and shelter for millions of the poor or maybe ten thousands of chemo-therapies. Government is not good with investment.