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by WhaleBiologist 4890 days ago
Banks got retarded amounts of taxpayer money because of "too big to fail"
3 comments

I don't think the banks got bailed out because of the impact of their employees suddenly being out of work, but because of the huge impact of not having a functioning banking sector would have on the wider economy and society in general.
You would probably lose more than just a few banks if they didn't get some sort of money. The financial markets need confidence to survive as well.
I appreciate you illustrating my point.