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Reply #2: I'm totally with you. The only bailout I would support [View All]

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Rabrrrrrr Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-01-08 11:57 AM
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2. I'm totally with you. The only bailout I would support
is one that involved massive investigations into the fraud and unethical (possibly quite criminal) acts of the CEOs and other leaders, that led to massive fines for them (such as, for instance, the entirety of their pay packages the last few years), and guarantee that none of them would get any public money whatsoever.

And I don't think that there's any real way to do that.

No bailouts, no socializing the risk that they got themselves into.

Let the companies fail and get bought up by others at fire sale prices, enact the regulations that McCain and the rest of the Republicans dismantled, add some new ones, and let the market take care of itself.

It really can take care of itself.
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