PS, on Kramer’s website there’s a terrific online “sound effect board” that duplicates all the crazy sounds he uses. It’s a hoot, and kids love it.
This needs to be separated into two parts: saving the banking system and saving the bankers. If a bank needs bailing out they need to reduce pay to civil service rates, the shareholders whiped out, the bondholders take a big haircut and the derivatives counter parties lose a lot of money. They also need to go back and take back bonuses, etc. for the last 5 years or so.