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I don't think that's true at all. Several banks did fantastically, announced record profits etc. The industry as a whole didn't fail, some particular instituti

• benohear 16y ago
  The way the bailout was sold to us was that if these failing institutions were allowed to collapse, they would have brought down the rest with them. I actually hold that to be true and for me that equates to an overall failure of the industry.
  • axod 16y ago
    I know it's how it was sold, but I disagree with it. We should have let the bad companies fail and the good ones succeed.