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And isn't it that when banks can make profits at others' costs, they do not want to share with anybody and even betray customers and make wrong calculations about real costs for investements, but if they mess it up and have to pay and found they brought themselves into troubles, they call for help and social solidarity - and suddenly the taxpayer is expected to pay the damage in their place?
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Agree. The only way to look at it from the taxpayer's point of view is by considering that you are trying to help some thousands of innocent workers in that bank. But whenever public help is needed, IMHO it should always mean destitution of the whole directives of the bank and forcing them to pay the black hole they have created, elseif going to prison.
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The system itself is th problem, and in the end ou culture. Our culture encourages brutality and egoism at the cost of others - if you can make a profit from that. Seen that way the crisis is what our societies deserved. The problem reaches far beyond the obvious, superficial facade.
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Agree even more
But the sad thing is that probably nobody will learn from this
