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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (462574)3/10/2009 12:49:34 PM
From: tejek  Respond to of 1577951
 
If CITI fails, or BOA, I could care less.

And that's why you voted for Bush twice. Your thinking is fukked up.



To: i-node who wrote (462574)3/10/2009 5:57:28 PM
From: combjelly  Respond to of 1577951
 
"If CITI fails, or BOA, I could care less."

Brave words.

We tried that already. Remember Goldman-Sachs? The problem is that it isn't just these institutions. It is the fact that they are all tied together in unknown ways. Chances are pretty good that AIG, Citi or BOA can bring down the global economy. How good of a chance? No way to know. The shadow banking system is unregulated, huge and totally opaque.