When men and women of financial institutions realize that they can make horrendously risky decisions with no fear of real consequences for those decisions, the system will be utterly corrupted and massive catastrophic failure will be inevitable............
Roubini is an attention whore.
Neither Presidential candidate will step out of line on this - otherwise, they never would have been nominated. The TBTF banks are just going to have to fail, first.
I read somewhere that QE3 went to buy bad mortgages. Did it go to the big banks, or Freddie and Fanny?