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I think it's rather telling that they were run on, and pushed over the ledge instead of bolstered by those now calling for bailout. And now they get what they
by tracker1 4y ago
I think it's rather telling that they were run on, and pushed over the ledge instead of bolstered by those now calling for bailout. And now they get what they really wanted, a crosspoint to the Fed rate hikes, and cover under the "too big to fail" umbrella... This won't lead to better practices until people are jailed and or bankrupted over these kinds of actions.