WAIT A MINUTE! WHAT THE HECK
IS GOING ON HERE?
BIGBANKCO AIG IS GETTING ANOTHER
30 BILLION DOLLARS
FROM THE FEDERAL GOVT.
JOE'S BANK HAS GOT NONE YET?
WTF??
The government doesn’t just have the option to take potentially insolvent banks into receivership, my understanding is that under the law it has the obligation to do so. Refusal to do that is a dereliction of duty and an abuse of executive power, aided and abetted by a legislature that is equally derelict in its duties under the constitution. I'LL TAKE MINE STACKED NEATLY IN A BOX PLEASE.
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