Banks fail all the time and the taxpayers aren't liable for a dime.
In fact, they will likely be even more reckless in the future
Yeah, banks just can't wait to make mortgage loans to deadbeats now. It's all over the news. LOL!
Yes, banks that were not "too big to fail" were allowed to fail. Citi would have failed but the taxpayers backstopped it. You claim to believe in free markets, but you have no problem with that.
Yeah, banks just can't wait to make mortgage loans to deadbeats now. It's all over the news. LOL!
They did it once. And no, they won't do that again, they will do it somewhere else.
I'd love to know your overall theory on free markets. Is it that markets should be free except for really, really big companies that should get taxpayer support when threatened?