Short update on our financial crisis
Nov. 2nd, 2008 12:05 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
Banks refuse to lend out the bailout money like they were supposed to. Instead, they are gonna use it to do some merging
Did anyone actually expect that we could trust the foxes with the hens?
First National Brontasaurus
Alan Greenspan realises that the desires of corporate officers didn't always run parallel to those of investors, in short, without regulation, they'll do what brings them in the most money and risk the company and the economy to do it
Goldman Sach get 9.8 billion dollar bailout pays 11 million dollars in bonuses
Did anyone actually expect that we could trust the foxes with the hens?
First National Brontasaurus
Alan Greenspan realises that the desires of corporate officers didn't always run parallel to those of investors, in short, without regulation, they'll do what brings them in the most money and risk the company and the economy to do it
Goldman Sach get 9.8 billion dollar bailout pays 11 million dollars in bonuses