Turning low - risk, low - return investments into high - risk, low - return investments is economic stupidity.
It makes little difference, the non agreement will still be funded by the tax payers, as I heard the bond holders had their position insured by that great company AIG.. Bunch of crooks.
Now where does my calling AIG a bunch of crooks say anything about the bond holders.
Actually I said, the tax payers were on the hook no matter what and they should get the same as the stupid Treasury department has been paying others.
And if they had all went to bankruptcy, like they should have none of them would have got spit!
And you would not have been running around with your class warfare nonsense.