[RFEngineer]

“Yup. That’ll solve it. Every business that invested in these companies should go belly-up. That’ll help the economy!/sarc off”

What makes you so sure that just because a business exists, proved itself unable to manage itself properly should be allowed to continue to exist SOLELY on government money?

Do you genuinely think the economy is better off with failed businesses still operating funded by government bailout money?

I don’t.

[trumandogz]

If six months ago you would have told me that Freepers would be singing the praises of the Government NAtionalizing Industry and buying out people’s bad investments I would have said that you were out of your mind.

But there you have it, some are singing the praises of government socialist economic actions that would make FDR Blush.

[DJ MacWoW]

You misunderstand. Smaller companies invested money with these rigged, failed companies. It isn't just the biggies going down. Smaller companies who thought their investments safe also lost their capital. They believed the cooked books.

For the 3rd or 4th time, I am not an economist. I don't know if there was an alternative answer. All I know is that there are smaller companies that cannot make their payrolls because of the failure of these bigger, dishonest entities. This failure is bigger than just Lehman, Fannie & Freddie and AIG. There are a whole host of others that they are taking down with them.