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

To: i-node who wrote (653141)	4/29/2012 2:10:49 AM
From: Big Black Swan	Read Replies (1) \| Respond to of 1578270

The Bush administration bailed out a huge swath of financial firms under TARP. By your logic, why weren't they allowed to go bankrupt instead? Let the market work in the normal way and avoid moral hazard. I agree the previous admin was better. But personally I hardly find them "beyond reproach". They're the ones that shoveled the first trillion into the beast. The following one just continued shoveling.