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Date: 2024-12-21 Page is: DBtxt001.php txt00000552

Money, Banking and Financial Services
$1 Trillion Bailout Hasn't Changed a Thing

$1 Trillion Bailout Hasn't Changed a Thing ... bankers and Wall Street traders are doing nicely, thank you!

Commentary
Three years on from the Lehman Brothers bankruptcy, and about a in bail-out money the Banking and Wall Street structure is almost the same. Too big to fail is still too big, and still capable of failing taking the world economy with it. The bankers do not seem to 'get it' and why would they ... there has been little accountability amd the big bonuses keep on coming. Meanwhile the ordinary people who want to work on main street around the country are out of luck, and nobody seems to 'give a damn'!
Peter Burgess

$1 Trillion Bailout Hasn't Changed a Thing


The text being discussed is available at http://youtu.be/QAxzN9fJmG4
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