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Shouldn't the executives have to pay back their bonuses they got just before the FDIC intervened? Aren't they effectively subsidized by the govt?
by noslenwerdna 4y ago
Shouldn't the executives have to pay back their bonuses they got just before the FDIC intervened? Aren't they effectively subsidized by the govt?
- sschueller 4y agoYes, every cent. If they don't it is effectively a ponzy scheme where the last bag holding investors are the ones getting zeroed out. All the previous holders made money on them.