The BIG Bailout

Bobc01 · 2008-09-26, 10:57 AM

I've been keeping an eye on it too and it looks to be a waste of money.

Why should the tax payer keep having to bail banks out of debts they risked knowing the goverment would do what they're doing now.

It was said in a news program here that banks take the risks knowing if they got in the shit the goverments would rescue them and the only way to prevent it happening again would be to regulate the banks more.

Ofcourse it won't happen because there's too much "let's say interests

" between banks and political parties.

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2008-09-26, 10:57 AM	#2
Bobc01 Banned Join Date: Apr 2007 Location: Hell Posts: 817	I've been keeping an eye on it too and it looks to be a waste of money. Why should the tax payer keep having to bail banks out of debts they risked knowing the goverment would do what they're doing now. It was said in a news program here that banks take the risks knowing if they got in the shit the goverments would rescue them and the only way to prevent it happening again would be to regulate the banks more. Ofcourse it won't happen because there's too much "let's say interests " between banks and political parties.