SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (275688)10/20/2008 7:34:10 PM
From: skinowski  Respond to of 793991
 
Give Wall St. scum a chance, and they will rob you blind. They got 10 years worth of a chance, and here we are.

So, why aren't we letting them go bust now? Why are we paying good money trying to bail the bastards out?

Saving their businesses and their fortunes is the only solution? I doubt that.



To: carranza2 who wrote (275688)10/20/2008 8:55:22 PM
From: kech  Read Replies (1) | Respond to of 793991
 
The "free market" free-for all - a/k/a cronyism - at Fanny and Freddie did us no favors.

I get the cronyism part, but when the cronyism is basically regulatory capture where congressional oversight turned into one party using Freddie and Fannie as a piggy bank it is not "a free market" free for all. It is a failure of a regulatory regime. Fannie and Freddie's failure is all about the Government Sponsored Enterprise failure not a market failure.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News