Monday, November 24, 2008

Daily Kos: When "too big to fail" fails

Daily Kos: When "too big to fail" fails

Posting today in the Daily Kos-- why are we bailing out Citi group and leaving the masters of disaster who created this mess in place? Why are we taxpayers getting terms that are worse than taxpayers in England and Warren Buffet?

And please explain why the Rubin savants who stripped regulations from banks and investment firms are now in place to do what? Are they really going to regulate the same banks that they cut loose to wreck our economy?

Another question: Why are we letting banks that are big get bigger? Time for break ups -- starting with JP Morgan, Bank of America, Citigroup.



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