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by plutonorm 1194 days ago
What is worse is we allow the mistakes to go unpunished - because then we will have more episodes like this down the line. If there are no consequences then the bad practise will continue. Anything that breaks away from the survival of the fittest is abdication of long term success in favour of short term stability. I don think that is a good trade for the system as a whole.
1 comments

You're confused about what's going on here. Only depositors are being bailed out.