Quote of the Day | 0106
So what exactly did the bailout accomplish? It built a banking system that discriminates against community banks, makes Too Big to Fail banks even Too Bigger to Failier, increases risk, discourages sound business lending and punishes savings by making it even easier and more profitable to chase high-yield investments than to compete for small depositors. The bailout has also made lying on behalf of our biggest and most corrupt banks the official policy of the United States government.
Matt Taibbi, ‘Secret and Lies of the Bailout’
[x]#10644 fan zondag 6 januari 2013 @ 22:03:59
