Re: Is Bigger Government Better
Quote:
Originally Posted by Tietäjä
(the list of banks paid US bailout funds includes Citigroup, Merrill Lynch, Bank of America, Goldman Sachs, UBS, Barclays, Societe Generale, Deutsche Bank, and so so; additionally, a while back Bear & Sterns was essentially bailed out complete, General Motors was paid out for).
|
It's worth remembering that not all the banks which took funds even wanted to take them. A number of them, such as Goldman Sachs, didn't really need anything and only took part under pressure from the US Treasury.
__________________
Some might ask what good is life without purpose but I'm anticipating a good lunch.
|