4 ms·
It was the right solution for banks in 2008, as most of them would have gone under without a bailout. Take over, investigate, prosecute, replace corrupt manage
by oldgradstudent 5y ago
It was the right solution for banks in 2008, as most of them would have gone under without a bailout.
Take over, investigate, prosecute, replace corrupt management with people of integrity.
Basically, what the FDIC does with small banks that fail.
- octoberfranklin 5y agoAlso basically what Iceland did. The US media furiously ignored it.