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NewbieWar

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NewbieWar

Re: PeanutBuddaJamm post# 9300

Saturday, 08/15/2015 12:35:40 PM

Saturday, August 15, 2015 12:35:40 PM

Post# of 19165
I would think, that it is inappropriate that the government try to stake ownership of the banks more so than it already has.
The run on the banks and the capital controls were not a result of the bank's financial irresponsibility, but because of the political irresponsibility.

In the USA i'm sure the banks and lawyers could probably file a class action lawsuit against the government for disrupting the capital markets.

The Fed's response to AIG, Freddie, Fannie, and the housing bubble was caused internally, not because of Federal squabbling
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