2) Bail 'em out with federal funds, thus turning the coffers of the U.S. Government into the largest banking institution in the country.
Okay, so Option #2 was chosen. This ain't-a gonna be the last mega bank to bite the dust, so the Feds will now have to bail each and every one out until (gasp) The Federal Government is broke!
2) Bail 'em out with federal funds, thus turning the coffers of the U.S. Government into the largest banking institution in the country.
Okay, so Option #2 was chosen. This ain't-a gonna be the last mega bank to bite the dust, so the Feds will now have to bail each and every one out until (gasp) The Federal Government is broke!
See why the water's swirling? Yup! You guessed it.
I see the water swirling in the bowl.......
Okay, so these mega credit brokers are hitting the skids. The options are, as I see it;
1) Let'em sink, taking hundreds of thousands of regular joes and janes like us into bankrupcy.
2) Bail 'em out with federal funds, thus turning the coffers of the U.S. Government into the largest banking institution in the country.
Okay, so Option #2 was chosen. This ain't-a gonna be the last mega bank to bite the dust, so the Feds will now have to bail each and every one out until (gasp) The Federal Government is broke!
See why the water's swirling? Yup! You guessed it.
Anybody have any Yen I can buy?