Shutting down AIG, Bear Stearns, Merril Lynch, should have been a requisite for any bailout. They have 12 to 24 months to reconcile their books, explain their losses and dissolve the companies assets to minimize losses to the taxpayer. Isn’t that what the Resolution Trust Corp did back in the 1990’s with the S&L mess. Place criminal charges on those who by stupidity or malfeasance ruined these companies.
Why are we propping up companies whose culture(s) are corrupt, and who’s leaders are incompetent.
Because we have a modern day government as an exemplary prop.
Why are we propping up a government hellbent on destroying this nation? Forget about corporate crooks. When will we take on the DC cabal?
Didn't work with Slick and the smartest woman lawyer in America, though, did it? Sumbitch just went out and got hisself elected President and fired the U.S. Attorney who had his number, and the referral from RTC.
"It's good to be the King."
Well, if they did that, I do suppose we could go back to TX... :)
Because the crooks in control of the country want it that way. They cover for their own, as usual.