Agreed. At the very least, they should bring some form of Glass-Steagall back that will be more powerful than before.Originally posted by: GroundedSailor
And how many at the top have lost their jobs and/or wealth/savings? Virtually none except for the symbolic CEO's. And they too left with kings ransoms in golden parachutes.Originally posted by: Dari
How many have gone under? That's right...none. And they won't either because they're "too big to fail."Originally posted by: Pliablemoose
Mr. Market is taking care of the lending institutions (and their shareholders), trust me...Originally posted by: Dari
That's why the banks should not be given a free pass. they too need to be punished. I see a double standard when you don't care for the regular folks who "failed at math" but have no problem helping the Feds cause "it can't be help."Originally posted by: Pliablemoose
If Spitzer hadn't been shuffling money around and paying off hookers with so much money that the general public was pissed they couldn't have laid a hand on him.
As far as blaming the victim-those that took out sub prime ARM's I have not a moment's sympathy for them, they failed grade school level math and assuredly are culpable in what happened.
The actions the Fed is taking now is going to avert another depression, it's gonna be a bitter pill, but we earned it, and BTW, who the hell didn't see this coming?
Time to put the regulators and their bosses in jail. Enough of this administration and it's cronies using taxpayer money as their personal ATM's.