Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: Mozilla

A simple example to think about:

Bank customers deposit $1 billion in Some Bank. The Bank makes foolish investments. Time passess. The Bank is audited and shows total assets of $500 million. The Bank is declared insolvent.

Who should take the hit?

The obvious answer: The fools who put their hard earned cash in The Bank. If not, then who?


14 posted on 04/01/2013 2:41:13 PM PDT by InterceptPoint
[ Post Reply | Private Reply | To 1 | View Replies ]


To: InterceptPoint
If not, then who?

You shoot the bastards running the bank. After a while, the nonsense will stop.

16 posted on 04/01/2013 2:52:27 PM PDT by Doomonyou (Let them eat Lead.)
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson