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RainCaster

(11,733 posts)

2. Banks that invest in zero value assets should not be helped

Reply to dutch777 (Reply #1)

Wed Dec 25, 2024, 10:09 AM

Dec 25

Any bank that wants to be stupid should be allowed to do so. Providing that:
1. Taxpayers don't bail out the idiots
2. All banks have to publish where they invest the money they have

Realistically, they should not be called banks any longer, but something else entirely.

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Highlight:

Banksters sue for the freedom to create another financial crisis [View all] marmar Dec 25 OP

I am fine letting banks off the leash as long as we taxpayers are not the ones bailing them out. Let some fail. dutch777 Dec 25 #1

Banks that invest in zero value assets should not be helped RainCaster Dec 25 #2

And your last point is the danger point. Too many unregulated aspects in the finance markets these days. dutch777 Dec 25 #4

The leash they want to be free of is to be allowed to use the money we deposit into banks in2herbs Dec 25 #3

Your thread title reads like it's from The Onion. Wish it was... Wounded Bear Dec 25 #5

Make it so that if a bank fails and we the taxpayers have to save it that it automatically becomes owned by the Feds Stargazer99 Dec 25 #6

Make it so that some of them go to jail. raccoon Dec 25 #7