BS. It is the MSM and the Dems creating the perception that these “greedy” Wall street types and bankers are responsible for the recession cum Depression. In reality, it was the government that imposed regulations like redlining that helped create this mess. It was not the lack of regulation, but too much regulation that created the problem. Fannie Mae and Freddie Mac became Dem vehicles to fund their various constituencies and reward the hacks like Raines, Reno, Emanuel, Gorelick, et. al., giving them big pay checks using incentives that increased bad business practices.
It's sooo nice to read from someone who get's it and hasn't fallen for the control trap.
Really, you could have paid off all those ‘forced’ loans with 1/10 of the tarp money. Wall Street bankers are greedy and their poor business model...bankrupted their companies and our nation. Unless the entire upper management are fired, giving them more money is stupid...we might as well flush it down the toilet. Allowing them to handout taxpayer money in the form of salaries and bonuses is even more stupid.