DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - MOODY'S PLACES Aaa RATINGS OF 177 U.S. PUBLIC FINANCE ISSUERS ON REVIEW..

**AndreasLV** · 07-30-2011, 06:15 AM

OTOH, what about moral hazard?

They preached this shit for years.. "Ohhhhh, we're good at managing risk and there can be no moral hazard! why, that would be UNTHINKABLE! The market is self correcting, and we wouldn't want to spoil that!!!!"

And that's exactly what they got with TARP.. and this bond issue will be the same thing..

"FUC MORAL HAZARD! GIEF US MONIES NAO!!!!!!!!"

07-30-2011, 06:15 AM	#10
AndreasLV Join Date Oct 2005 Posts 492 Senior Member	OTOH, what about moral hazard? They preached this shit for years.. "Ohhhhh, we're good at managing risk and there can be no moral hazard! why, that would be UNTHINKABLE! The market is self correcting, and we wouldn't want to spoil that!!!!" And that's exactly what they got with TARP.. and this bond issue will be the same thing.. "FUC MORAL HAZARD! GIEF US MONIES NAO!!!!!!!!"
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