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They could have always nationalized the banks.
by Upstate NY on Fri May 20th, 2011 at 04:00:12 PM EST
[ Parent ]
From the point of view of upper-echelon bank management, bankruptcy and nationalisation come to the same thing: They go out on their asses, because they're incompetent dickweeds.

- Jake

Austerity can only be implemented in the shadow of a concentration camp.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri May 20th, 2011 at 06:34:48 PM EST
[ Parent ]


Occasional Series

24 July 2014
by dvx - Jul 23