Quote:
Originally Posted by GoldenRivet
what you work for you and you alone should be entitled to.
if you wish to be a philanthopist and dedicate your life savings to a charity - thats admirable... damned admirable
however when the government FORCES you to do it - thats oppression... its annoying... its infuriating - and here in America its a dangerous proposition.
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Except that's not what happened. The interests of executives were not aligned with the interests of shareholders. In many cases the board of directors couldn't or wouldn't act to correct the situation. When it got bad enough that these companies came begging to the government for money, then the government damn sure has the right to act to correct the situation, now being the largest shareholder in many cases.
You act like this is unprecedented. The FDIC for YEARS has had the ability to come into any bank and take it over if they're operating in an unsustainable way.