Your property is yours to do with it as you will, until we all get to the point where we begin to realize the idea of doing what ever you want with your property is simply not tenable in a close knit community.
So, banking depositors must know that if greedy s.o.b.s that own and manage their deposits can get away with taking large incomes and still letting their deposits get wasted on some imaginary finacial notes, the feds can come in save the depositors from the greedy owners' mistakes before they happen.
That's the whole picture in a nut shell. I don't say that WMI was doing the right thing, but I do say that they were worth more than the pittance they got/ we got.
Look, people with bad habits harm themselves and others. Agreed?
So, who is going to watch the bankers ?
Who?
If the bankers want to hide in a holding company, why shouldn't the regulators find a way to smoke'm out!
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