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by arethuza
5777 days ago
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It's not just Obama - look at RBS (84% owned by UK taxpayers after their bailout): http://www.guardian.co.uk/business/2010/feb/25/bonus-rbs-ban... Part of me understand the reasons for it - they need to keep the banks as going concerns so we can sell them off again. But I fear that may be establishing a precedent for bailing out the "too big to fail" banks periodically. |
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