Reply #7: Then it's time we started saying "HELL NO!" [View All]

[DCKit]

And I very much agree with the above poster who said failed businesses should not be bailed out - especially not at this magnitude. I worked very briefly for the Resolution Trust Corporation in the early 90's, just before they shut down and finished "cleaning up" the S&L debacle. Very little money was recovered from those who embezzled, there were no trials (as far as I am aware) and the American people got no value for their money.

Perhaps the failure of a CitiGroup or Bank of America is what CorpAmerica needs to start acting responsibly. It's no skin off my ass if they go down and it would set an example that won't soon be forgotten. The concepts of justice and fair play aren't getting nearly enough press these days.