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Posts: 157
In response to
"
The country is addicted to a drug
"
by
Strongbad
More like Wall Street is addicted, Derivates can be carved up and sold at risk knowing the Fed will bail them out. -- nm
Posted by
budice
Oct 1 '13, 04:57
(No message)
Responses:
Moral Hazard has been breached, there is no incentive to break up too big to fail. The interconnects between banks force the Fed's hand on bailout. -- nm
-
budice
Oct 1, 04:58
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