Quote:
Originally Posted by aklim
How about letting them fail and others who are not in trouble will take over? IIRC, Wells Fargo among others is not in trouble. Just because you have someone new doesn't mean it is bulletproof. Businesses fail now and then. When they are not careful, they should be allowed to fail. Just like people. Survival of the fittest. Those not fit to survive should be rolled over.
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Then we have to change all the deregulation of banking that has happened over the years so one bank does not get large enough to hurt our econnomy like they have.
In that case we are still nationalizing the banking reglatory commities and others.
So our tax dollars will still be spent managing banks.