catocom
Well-Known Member
what "too big to fail" should mean is not that we as a country can't
afford to let them fail, but that there's so much moneys tied up in the
company, that if it fails it should be easy to see Who needs to be prosecuted
if there is fraud there. (or other illegible activity)
The rule used to be that the share holders got their money first, before
any so-called exit packages and such.
I didn't know that changed until it it happened.
afford to let them fail, but that there's so much moneys tied up in the
company, that if it fails it should be easy to see Who needs to be prosecuted
if there is fraud there. (or other illegible activity)
The rule used to be that the share holders got their money first, before
any so-called exit packages and such.
I didn't know that changed until it it happened.