It’s only a ‘scheme’ when a regular ‘Joe’ does it, or its being a ‘Dead Beat’ as several fellow Freepers call it, but as Lazlo pointed out it’s called “Deleveraging” when the ‘To Big to Fail’ do it. I was wondering if possible could you explain the difference?
Well if I was their mother, I’d say, “Just because so and so does it, doesn’t make it right for you to do it.” I can’t excuse my behavior by saying that someone else is doing the same thing that in my book isn’t ethical. They’re both wrong. Their being wrong is no excuse for me to do wrong.