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by RougeFemme
4845 days ago
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It benefits the top management of the big banks. (In theory, the stockholders benefit too if they let more of the profits trickle down to the stockholders.) They will take more risks than they otherwise would. They figure that if the risk pays off, they become richer. If the risk does not pay off, they don't have to worry about losing anything (?everything?) financially because the Feds will bail them out. |
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