How come technology did not get a bailout in the last bear?

Discussion in 'Economics' started by Aaron Copland, Oct 14, 2008.

  1. Q- How come technology did not get a bailout in the last bear?

    A- Because Goldman Sachs is not a tech company.
     
    #11     Oct 14, 2008
  2. poyayan

    poyayan

    Cause Bad Banks risk the prosperity of a nation to enrich themselves. When things going down hill, drag the whole nation with it and force taxpayers to hold the bag.

    Notice Good banks like BB&T gets no help for doing the right thing.

    Seems like rewarding bad behavior is the norm here.

    Actually there is only one word to explain why - corruption.
     
    #12     Oct 14, 2008