Don’t be so hard on the Government. They let Heidi bundle up her bad tabs and sell them all over the world at ever infalting prices. So much so that Heidi started dragging drunks in off the street, even when she new they’d never be able to pay.
Oh, and the genius at the bank who dreamed up the scheme? He got a nice big bonus from the taxpayer bailout money.
“Oh, and the genius at the bank who dreamed up the scheme? He got a nice big bonus from the taxpayer bailout money.”
Don’t forget the nice fat payments the banks made so the politicians would look the other way.
That doesn't quite work, though you could say alcohol salesmen did it.
Then all the young coked up dudes on Wall Street will write credit default swaps on those securitized bar tabs