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View Diary: Righteous TARP Fury! (In the form of a SWL.) (166 comments)

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  •  Unfortunately, we are left holding the bag (0+ / 0-)

    because you have to make depositors whole. IF we let too many of these fail too fast, it could further threaten confidence in the system.

    The confidence factor is central to banking. People forget that in the clamor to "let 'em fail".

    •  Tossing party money to... (0+ / 0-)

      Northern Trust Corp. does nothing to "make depositors whole."

      It just allows Northern Trust Corp. to buy better (and more) cocaine  & whores.

      That's my point.

      Government money should not be subsidizing Tony Montana's palace.

      "The stimulus package, which I don't support, had better work."-Stephen Colbert

      by wyvern on Wed Feb 25, 2009 at 09:34:01 AM PST

      [ Parent ]

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