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They do all the time. Every mortgage refinance is a bailout by the same conception that you are using.
by xkjkls 5y ago
They do all the time. Every mortgage refinance is a bailout by the same conception that you are using.
- Ericson2314 5y agoThere are refinances but there is also good ol' foreclosure. How many rich financiers have actually "lost everything"? Coperate limited liability + allowed to leverage more + your friendly competitors bail you out is a suspicious combo, even if each of those in isolation is totally fine.