InvestorsHub Logo
Followers 8
Posts 4591
Boards Moderated 0
Alias Born 09/01/2005

Re: zab post# 682275

Thursday, 08/25/2011 10:33:25 AM

Thursday, August 25, 2011 10:33:25 AM

Post# of 704019
Now I understand that the Governement had to step into the system a few years ago to restore confidence,

If they wanted to restore confidence, they could have had the FDIC take over the failed banks, nationalize them until they got back on their feet, and then IPO'd them. Then we would see that the punishment for running a 'too big to fail' company into the ground was that you lose your job and the shareholders who hired you lose their company.

Instead, we learned that if you are big enough, you can make system threatening trades and the taxpayers will reward you by paying for your losses. That made me lose what little confidence I had previously held in my so-called 'government'.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.