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Ofc they profitted, it was a loan, like in the US, so with interest. I like how american hairdressers who barely pay a dime of tax like to vehemently point the
by xwolfi 4y ago
Ofc they profitted, it was a loan, like in the US, so with interest. I like how american hairdressers who barely pay a dime of tax like to vehemently point the finger at the mean banks "they" "bailed out", but no tax money has been lost in these loans...
- ourmandave 4y agoThe hairdressers are complaining the tax payer had to front them in the first place. The Fed's got our back, lets try crypto and see how that goes. Just have to repeal that pesky Dodd-Frank thing, and it's back to the fuckery.
- cjbgkagh 4y agoTax funded bail outs are never at fair market value, if they were the market would have done the bail out. Giving a risky venture low interest loans is the same as giving them free money.