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How about the moral hazard of teaching an entire generation of bankers that picking up nickels in front of a steamroller is a great career move with virtually n

• brainwad 8y ago
  It's bad, which is why after the crisis the Dodd-Frank act was passed to reduce the chances of too-big-to-fail entities failing. So while we taught them they'd be bailed out, it's much less likely they can get themselves into that situation again.
  • bradleyjg 8y ago
    Do you really believe that? Because I certainly don’t.
    • brainwad 8y ago
      They are required to hold enough liquid capital that they won't need to be bailed out next time. As far as I can tell, it did work, yes.