One Year After Crisis, "Too Big to Fail" Banks Have Grown Even Bigger
http://www.washingtonpost.com/wp-dyn/content/discussion/2009/08/28/DI2009082801337.html
Ohhh, interesting. As if we didn't already know. Bail out the big banks, let them acquire more assets and wealth.
This is why government needs to stay out of this. The terminology of moral hazard is a misnomer because these guys have no morals... they bail out their friends and destroy the competition with help.
http://www.washingtonpost.com/wp-dyn/content/discussion/2009/08/28/DI2009082801337.html
Ohhh, interesting. As if we didn't already know. Bail out the big banks, let them acquire more assets and wealth.
This is why government needs to stay out of this. The terminology of moral hazard is a misnomer because these guys have no morals... they bail out their friends and destroy the competition with help.
