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Old 11-10-2008, 08:53 PM   #27
elossenen

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Oct 2005
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410
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Originally posted by Aeson
There would have been mergers and buyouts anyways. Several had already happened before the bailout. The only difference is at what point the mergers and buyouts would have occurred since it somewhat changes the cost:benefit.

This isn't much of an issue specifically, but continues to speak towards how much it's going to cost overall if we continue to try to prop up every last failure. $100bn is nothing in that regard, but all the $100bns (and more) will definitely add up. This is just handing over cash while the taxpayer is suppose to get something for the $700bn, at least that's the way it was presented, and how a lot of people believe.

Also, there's no reason for Congress to not have the ****ing upperhand in this. On the contrary it's the banks who do.
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