[dfwgator]

Companies that continually make bad business decisions need to die, and not keep being bailed out by the taxpayers.

Let it go.

[LRoggy]

Companies that continually make bad business decisions need to die, and not keep being bailed out by the taxpayers.

Let it go.

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That’s fine but there still is the issue of insured deposits. Is it worth it to us to have to come up with $300 billion or so to make the depositors whole or is it better to reorganize in an orderly fashion to avoid that payment?

Ken Lewis’ acquisition of Countrywide might well go down in history as the worst purchase in American corporate history.